A bona fide occupational qualification allows employers to base employment decisions for a specific job on such factors as sex, religion or national origin if they're able to demonstrate that such factors are an essential qualification for performing a particular job.
What is considered a bona fide occupational qualification?
That exception, called the real occupational qualification (BFOQ), recognizes that in some extremely rare instances an individual's sex, religion, or national origin could also be reasonably necessary to carrying out a particular job function in the normal operation of an employer's business or enterprise.
What is bona fide occupational qualification defense?
The real occupational qualification (“BFOQ”) is defense that an employer can use to justify intentional discrimination in some circumstances. for instance , gender discrimination is against the law
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Answer:
The given statement is True. Online Aggregators are more comprehensive than the home listing service that real estate agents use.
Explanation:
Online aggregators are the programs or sites in the digital space which collects related items of content and link them and show them through their sites or programs.
Online aggregators puts the most relevant information that people are looking for. They link different aspects with each other to help people take decisions, like in this question, regarding the real estate.
Real Estate agents don't tell certain information to the client due to some laws or some insecurities of loosing the clients, but online aggregators make each and everything clear and even finds links between the choices of homes and display them on their sites. For example, an online aggregator may list the houses that are near to schools, hospitals, community service centers and also put the ranking of those schools and other services in that area, they tell the crime rate in that area, security, etc. But all such things are usually kept hidden by the real estate agents due to some overly restricted codes in their agreement of the licence from the government.
Answer:
a. In order to determine the present value of lease we can use the same APR as the car loan (7%). We can use the present value of an annuity formula:
PV = monthly payment x annuity factor
- monthly payment = $509
- PV annuity factor, 0.58333%, 48 periods = 41.76344
PV of the annuity = $509 x 41.76344 = $21,257.59
total present value of lease contract = $21,257.59 + $109 = $21,366.59
b. the present value of purchasing the car is $40,000 - $28,000/1.07⁴ = $40,000 - $21,361.07 = $18,638.93
c. the break even resale price = (sales price - PV of lease) x (1 + 7%/12)⁴⁸ = ($40,000 - $21,366.59) x (1 + 0.07/12)⁴⁸ = $18,633.41 x 1.32205 = $24,634.37
Answer:
Dr Bad debt expense 26,330
Cr Allowance for doubtful accounts 26,330
Explanation:
credit balance of allowance for doubtful accounts = $2,360
the correct balance should be $28,690, so the account must be adjusted by $28,690 - $2,360 = $26,330
Dr Bad debt expense 26,330
Cr Allowance for doubtful accounts 26,330
Allowance for doubtful accounts is a contra asset account with a credit balance that reduces the value of accounts receivable.
