What Is Meant by the Term "Taste" for Discrimination

question 9

Multiple Choice

What is meant by the term "taste" for discrimination?

• A) firms or individuals may derive psychological,but not monetary,satisfaction from discrimination
• B) firms or individuals may have been allowed to practice discriminatory procedures for so long that they have developed an almost automatic tendency toward discrimination
• C) firms or individuals may require a minority group member to pass more stringent requirements before granting the loan than those that would be required for a white
• D) firms or individuals may have learned that they are more likely to suffer monetary losses by lending to minority groups; therefore they benefit from being discriminatory

---

Definitions:

Current Liability

Financial obligations due by a company within a year, including loans, accounts payable, and other short-term debts.

Current Asset

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Asset Turnover Ratio

A financial metric that measures the efficiency of a company in generating sales revenue from its investments in assets.

Perpetual Inventory System

A system for inventory accounting that immediately records inventory transactions, whether it's a sale or purchase, through computerized point-of-sale systems and software for managing enterprise assets.