Kimberly Ortiz Strongly Believes in Working for a Company Which

question 30

Multiple Choice

Kimberly Ortiz strongly believes in working for a company which promotes diversity. She believes that such organizations are respectful of differences and allow employees more exposure. She recently attended an interview where she was told that the company follows policies which focus on organizational diversity. However, when she finally joined the company, she had a strong feeling that the company's claim was not true. Which of the following, if true, weakens Kimberly's belief that the company does not encourage diversity?

• A) 85 percent of the top management positions in the company are held by men.
• B) She is the only African-American member in the entire workforce.
• C) The workforce is not dominated by any specific ethnic or racial group.
• D) The previous company she worked for made a conscious effort to employee an equal number of women.
• E) Her team members believe that they are treated equally in spite of differences in performance.

Understand how financial planning aids in setting goals and ensuring internal consistency.

Comprehend the significance of planning for both spontaneous and planned financial needs.

Acknowledge the influence of dividend policies and profit margins on funding requirements.

Learn the process of developing pro forma financial statements and their role in forecasting.

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Definitions:

Healthcare Spending Accounts

A savings account that allows employees to set aside pre-tax dollars to pay for eligible healthcare expenses.

Employee Benefits

Various types of non-wage compensation provided to employees in addition to their normal wages or salaries.

Defined-Contribution Pension Plan

A retirement plan where employers, employees, or both make contributions, and the retirement benefits are based on the amount contributed and the returns on the investment of those contributions.

Retirement

The period during which an individual stops working in their professional capacity and typically begins to receive pension benefits.