Affirmative Action Plans

question 40

Multiple Choice

Affirmative action plans

• A) must follow strict guidelines to ensure that plan can withstand a challenge based on reverse discrimination.
• B) can be adopted by an employer even though a Title VII claim has not been filed.
• C) can include on-the-job training for women and minorities.
• D) All of the choices are correct.

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Definitions:

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, reflecting its decrease in value over time.

Taxable Gain

The profit that is subject to taxation, realized from the sale of an asset or investment.

Deductible Loss

A financial loss that can be subtracted from income for tax purposes, reducing the taxable income.

Machinery

Physical devices or tools that are used in manufacturing or industrial processes.