Provisions of the Age Discrimination in Employment Act (ADEA)do NOT

question 5

Multiple Choice

Provisions of the Age Discrimination in Employment Act (ADEA) do NOT apply to:

• A) employment agencies.
• B) labor organizations.
• C) private employers of fewer than 20 employees.
• D) state and local governments.

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Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.

Investment Turnover

A ratio that measures the efficiency of a company in using its investments to generate sales revenue, reflecting how effectively assets are being utilized.

Operating Income

The amount of profit realized from a business's operations after deducting operating expenses like wages, depreciation, and cost of goods sold.

Invested Assets

Items acquired or bought with the intention of earning income or profit.