Which of the Following Statements Is True of Equal Employment

question 23

Multiple Choice

Which of the following statements is true of Equal Employment Opportunity laws?

• A) These laws guarantee equal pay for whites and minorities.
• B) The goal of these laws is for employers to provide equal pay for equal work.
• C) Job descriptions and job structures cannot help organizations demonstrate that they are upholding these laws.
• D) These laws guarantee equal pay for men and women.
• E) Under these laws, employers cannot tie differences in pay to business-related considerations.

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Definitions:

Stock Repurchase

An action taken by a corporation to repurchase its own shares from the market, thereby decreasing the total number of shares available.

Residual Dividend Policy

A financial strategy where dividends paid to shareholders are based on the earnings left after all operational and capital expenses, as well as growth investments, have been covered.

Target Capital Structure

The mix of debt, preferred stock, and common equity that a company aims to hold to minimize its cost of capital and maximize its market value.

Forecasted Net Income

Forecasted net income is an estimate of a company's future profits after all expenses and taxes have been subtracted from revenues.