Samantha, a Senior Manager at OfficeBoxes, Discovered That Her Salary

question 99

Multiple Choice

Samantha, a senior manager at OfficeBoxes, discovered that her salary is lower than a male senior manager's salary. After consulting a human resources employee, she learned thata difference in pay between men and women is permitted by the Equal Pay Act of 1963 if the pay difference is based on a_____.

• A) difference in performance
• B) difference in life stage
• C) difference in ethnicity
• D) difference in religious beliefs

---

Definitions:

Liquidity Risk

The risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities.

Derecognition

The process of removing an asset or liability from a company's balance sheet because it has been disposed of or is no longer expected to provide future economic benefits.

Financial Asset

Any asset that is cash, an equity instrument of another entity, or a contractual right to receive cash or another financial asset.

Contractual Rights

Rights granted to an individual or entity based on the terms of a contract.