Which of the Following Is Not a Situation Under Which

question 53

Multiple Choice

Which of the following is not a situation under which men and women may be paid different wages under the Equal Pay Act?

• A) When payment is made pursuant to a seniority system.
• B) When payment is made pursuant to a merit system.
• C) When payment is made pursuant to a system which measures earnings by quantity or quality of production.
• D) When the differential is based on any factor other than sex.
• E) When the parties sign a waiver.

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Definitions:

Audit

An independent examination of financial information of any entity, whether profit oriented or not, regardless of its size or legal form when such an examination is conducted with a view to express an opinion thereon.

Economic Resources

Assets or inputs that are utilized in the production of goods or services, including natural, human, and financial resources.

Liabilities

Liabilities are financial obligations or debts that a company owes to other entities, which are expected to be paid in the future.

Stockholders' Equity

The residual interest in the assets of an entity that remains after deducting its liabilities, representing ownership interest in a company.