Which of the Following Statements Is Not True

question 72

Multiple Choice

Which of the following statements is not true?

• A)If a firm hires salespeople only from within the firm and the firm employs predominantly white males,then the firm is not liable in discrimination charges.
• B)The federal legislation prohibits discrimination based on age,race,religion,sex,or national origin.
• C)Affirmative action is meant to protect minorities,veterans,and handicapped persons.
• D)If a firm uses sources that have few people from the protected classes,this in itself may be a basis for a discrimination charge.
• E)The easiest way for a firm to protect itself from discrimination charges is to recruit from multiple sources.

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Definitions:

Statement

A written record detailing the financial performance or position of a company at a specific point in time.

Multiple-Step Income Statement

An income statement that separates operating revenues and expenses from non-operating ones, highlighting various components of net income.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, which may not necessarily align with the calendar year.

December 31

December 31 is the last day of the year in the Gregorian calendar, commonly known as New Year's Eve.