Which of the Following Statements Is True of Laws Relating

question 45

Multiple Choice

Which of the following statements is true of laws relating to compensation?

• A) It requires that firms pay the same work pay for men and women.
• B) It requires that firms pay the same work pay for all employees of a department.
• C) It protects the organization's investment on its employees.
• D) It places restrictions on the salaries drawn by the top management.
• E) It monitors the financial investments made by the top management of the organization.

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Definitions:

NPV

NPV (Net Present Value) is a calculation used to assess the profitability of a project or investment by summing the present values of all cash inflows and outflows associated with it.

Replacement Chain Method

A decision analysis for evaluating the replacement of assets, considering the optimal time to replace each asset.

Time Horizons

The length of time over which an investment is intended to be held or a financial goal is expected to be achieved.

Present Values

The contemporary valuation of a forthcoming sum of money or cash flows, based on a given rate of return.