Which of the following is true of the National Labor Relations Board (NLRB)?

A) It is composed of five members, three of whom are appointed by the president.
B) It determines whether workers want to be represented by a union.
C) The board meets in New York.
D) It is responsible for enforcing the Landrum-Griffith Act.


B

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Stan is an investment manager. He has received money from various investors and given them a promise of very high returns on their investments. The invested money is not supplying enough capital to pay the returns promised, so he has started using new investors' money to pay older investors. By advertising and by word of mouth, people are anxious to invest with Stan because of the money being paid, and with the influx of new investors, he is able to continue operating. Stan is

A. racketeering. B. guilty of conspiracy to defraud. C. operating an insider-trading operation. D. operating a Ponzi scheme.

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What is the purpose of the post-closing trial balance?

a. It is to prove no errors were made while recording entries in the journal; b. It is to prove the closing entries were recorded correctly in the journal; c. It is to prove the equality of the debit and credit balances in the general ledger accounts; d. It is to prove the balances in the general ledger accounts are correct; e. None of these states the purpose

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Teaching, waiting tables, and cutting hair belong in which category?

A. Production B. Services C. Goods D. Productivity

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________ are laws, regulations, and administrative procedures used by states for determining the country of origin of goods

A. Rules of origin B. Anti-dumping codes C. Countervailing measures D. Conformity assessment procedures

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