Lilly Ledbetter,a Supervisor at a Goodyear Tire Plant,discovered Late in Her

question 10

Multiple Choice

Lilly Ledbetter,a supervisor at a Goodyear tire plant,discovered late in her career that she had been paid considerably less than any of the other people in her position.Since she was the only female supervisor,she argued that this was simple discrimination; assuming she was right,it shows that her workplace was NOT

• A) class conscious.
• B) aware of the law.
• C) a meritocracy.
• D) gender biased.

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Definitions:

Fixed Overhead Budget

A financial plan that estimates the fixed costs needed to produce goods or services over a specific period.

Volume Variance

The difference between the expected (budgeted) volume of activity and the actual volume, and its impact on the budgeted costs.

Control

The process of gathering feedback to ensure that a plan is being properly executed or modified as circumstances change.

Budgets

A financial plan for a defined period, often one year, detailing projected revenues and expenses.