The Office of Federal Contract Compliance Programs

question 71

Multiple Choice

The Office of Federal Contract Compliance Programs:

• A) establishes rigid hiring goals for all companies.
• B) has mandated a goal of 10 percent females in the construction industry.
• C) conducts zealous compliance reviews.
• D) uses qualitative tools to target companies where discrimination is most likely to be uncovered.

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Definitions:

Gross Margin

A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage. It represents the proportion of each dollar of revenue that the company retains as gross profit.

Harvest Issue

A problem or challenge encountered during the collection or gathering of agricultural crops.

Exit Mechanism

A strategy or method through which investors or business owners intend to exit their investment or business, often for the purpose of realizing profit or minimizing losses.

Sale or Acquisition

The process of transferring ownership of a company or its assets to another company or individual.