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C1 Questions and Answers

Question # 1

What was the Bennett Amendment intended to do?

A.

Make it easier to enforce the Equal Pay Act

B.

Make the regulations covered under Title VII of the Civil Rights Act of 1964 more strict

C.

Eliminate the potential conflict between Title VII and EPA

D.

Prohibit gender-based discrimination

Question # 2

What do profits, equity and debt all have in common?

A.

They are all reported on the balance sheet.

B.

They are all sources of capital.

C.

They all incur the same costs to the business.

D.

Nothing. Each of these is a different financial metric.

Question # 3

Which of the following best describes severance allowances?

A.

A portion of one's salary paid during reserve duty and military leave

B.

A practice of paying a lump sum to employees during a company shutdown

C.

A continuation of an employee's salary after termination

D.

A continuation of a portion of an employee's salary to a beneficiary after the death of an employee

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