Under a collective bargaining situation: ______

A) groups of employers meet to draw up contracts for all of their employees.
B)representatives of the employees bargain with a single employer or a group of employers for an agreement on wages, hours, and working conditions for the employees.
C)groups of employees meet to dictate the terms of employment to their employers.
D)both management and labor meet to arbitrate their differences.


B

Business

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Which of the following is not one of the objectives of Federal Financial Reporting, as outlined in SFFAC 1, which was issued by the FASAB?

A. Financial reporting should demonstrate accountability with regard to raising and expending money. B. Financial reporting should enable evaluation of the success rate of programs. C. Financial reporting should enable evaluation of the service efforts, costs and accomplishments of the reporting entity. D. Financial reporting should reveal whether financial systems and controls are adequate.

Business

The traditional marketing strategy of selling umbrellas when it is raining is an example of how ________ factors influence consumers' decisions.

A. situational B. shopping C. economic D. interpersonal E. psychological

Business

Gould Corporation distributes land (a capital asset) worth $90,000 to Gerry, a shareholder. The land has a $30,000 basis to Gould. What is the amount and character of the gain or loss recognized by Gould?

What will be an ideal response?

Business

The Norris-LaGuardia Act is a federal statute which stipulates that it is ________ for employees to organize.

A. illegal B. unwise C. not economically prudent D. legal

Business