An Example of a Cash Equivalent Is

question 87

Multiple Choice

An example of a cash equivalent is

• A) a 120-day time deposit.
• B) notes receivable.
• C) accounts receivable.
• D) a 60-day certificate of deposit.

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Definitions:

Bona Fide Occupational Qualification

A work requirement that is necessary for the normal operation of a particular business or job, which may involve a certain age, sex, or religion, exempt from usual discrimination laws under specific conditions.

Legal Defence

The arguments and evidence presented in court to defend against criminal or civil charges.

Pay Equity Act

Legislation aimed at eliminating gender and other discrimination in the compensation and employment practices.

Comparable Value

A principle aimed at ensuring pay equity, asserting that jobs of equal value to the employer, in terms of skill, effort, responsibility, and working conditions, should receive equal pay, regardless of the job holder's gender.