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:

Price/Earnings

Also known as the P/E ratio, this measures a company's current share price relative to its per-share earnings.

Profit Margin

A financial metric expressing the percentage of income that remains as profit after all expenses, including taxes, are subtracted from total revenues.

Acid-Test

A financial metric that assesses a company's ability to pay its current liabilities with its quick assets (cash, marketable securities, and receivables).

Operating Segment

An operating segment is a component of a business that engages in business activities from which it may earn revenues and incur expenses, whose operating results are regularly reviewed by the entity's chief operating decision maker.