Examlex
Adverse impact is a condition that occurs when the selection rate for women and minorities is less than 80 percent of the selection rate for the majority group in hiring,promotions,transfers,demotions,or any selection decision.
Depreciation
The methodical distribution of the expense of a physical asset across its lifespan.
Plant Assets
Tangible assets used in a company's operations that have a useful life of more than one year.
Notes Payable
A written agreement to pay a specified amount, usually including interest, by a certain date.
Direct Method
A way of preparing a cash flow statement where actual cash flows from operating activities are listed directly.
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