The Primary Function of the Equal Employment Opportunity Commission Is

question 68

True/False

The primary function of the Equal Employment Opportunity Commission is to ensure that employers holding federal contracts grant equal employment opportunity to people regardless of their race or sex.

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Definitions:

Credit

An accounting entry that increases liabilities and equity or decreases assets, reflecting a transaction such as the sale of goods on account.

Balance

The amount of money in a financial account, or the difference between the total debits and credits recorded in an account.

Reference Column

A column in financial documents or reports that is used to cross-reference or provide additional information related to a specific entry.

Journalizing

The process of recording financial transactions in a journal, detailing accounts affected, amounts, and dates.