Answer the following statements true (T) or false (F)
1. If the TEAM Act were passed, it would make it easier to form labor-management committees but present greater risks of employer dominated unions.
2. The TEAM Act is an example of legislation proposed that would "loosen" the NLRA by making it easier to form labor-management committees.
3. One of the key reasons advocates for transforming the NLRA give to justify their position is the culture of conflict or adversarialism that exists in the U.S.
4. The TEAM Act would have made it easier to form nonunion employee representation plans.
5. One proposed reform to the NLRA would allow for employee committees focused on monitoring employers' compliance with employment laws.
1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. TRUE
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If an overhead variance is material, it will be allocated among the inventory accounts: raw materials, work in process, and finished goods
Indicate whether the statement is true or false
Which of the following describes a serial bond?
A) a bond that matures in installments at regular intervals B) a bond that gives the bondholder a claim for specific assets C) a bond that matures at one specified time D) a bond that is not backed by specific assets
Which of the following is NOT an assumption of cost-volume-profit (CVP) analysis?
A) The only factor that affects total costs is a change in volume, which increases or decreases total variable and mixed costs. B) The price per unit does not change as volume changes. C) Total fixed costs do not change. D) The price per unit changes as volume changes.
When trade-offs have to be made between achieving long-term and achieving short-term objectives
A. short-term objectives should take precedence unless the long-term performance targets are not achievable. B. long-term objectives should take precedence because of the need for future survival. C. long-term objectives should never take precedence until the short-term objective is achieved. D. short-term objectives should take precedence because they focus attention on delivering performance improvement. E. long-term objectives should take precedence unless the short-term performance targets have unique importance.