Unlike Affirmative Action, Diversity

question 5

Multiple Choice

Unlike affirmative action, diversity:

• A) is basically a punitive approach to create a positive work environment.
• B) can exist even if organizations do not take purposeful steps to create it.
• C) is required by law for private employers with fifty or more employees.
• D) focuses on creating employment opportunities for minorities and women.

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Definitions:

Collection Time

The average amount of time it takes for a business to receive payments owed by its customers after a sale has been made, indicative of a company's efficiency in collecting accounts receivable.

Short-term Securities

Securities that typically mature in one year or less, often used for investment with lower risk and short-duration goals.

Zero Balance Accounts

Bank accounts that automatically maintain a zero balance by moving funds from a master account in an amount only large enough to cover checks presented.

Master Account

A primary account that is used to manage multiple sub-accounts under a single umbrella, often for purposes of consolidation and easier management.