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.

---

Definitions:

Firm Life

The period during which a company operates, from its inception to the point it ceases operations or is dissolved.

Ease of Formation

The simplicity with which a business or company can be legally established, often considered in the context of different types of business entities like corporations, partnerships, and sole proprietorships.

Treasurer

An executive role in a company or organization responsible for managing the institution's finances, including investments, capital structure, and liquidity.

Tax Matters

Issues, policies, and regulations related to taxation and its administration.