Grievance arbitration clauses normally require disputes between unions and employers to be resolved by an external grievance procedure
a. True
b. False
Indicate whether the statement is true or false
False
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If a company experiences a liquidation of a LIFO inventory layer in the second quarter that is expected to be restored by the end of the annual financial reporting period, the company should
a. treat the layer as if it were liquidated and include in cost of goods sold the expected replacement cost of the inventory sold. b. deplete the LIFO layer as if the interim period were an annual period. c. change to an alternative inventory cost method, such as FIFO, so that the problem of LIFO liquidation is not encountered. d. delay the recognition of both revenue and cost of goods sold on the inventory involved until a final determination of the LIFO inventory can be made at the end of the annual period.
To increase its revenues, an airline company decides to sell space on airsickness bags to companies that would like to use this unique channel for their promotional messages. In terms of the promotional strategy, the airsickness bags are being used for:
a. integrated marketing communication. b. personal selling. c. executing a push strategy. d. advertising.
Which of the following correctly expresses an important difference between a condition precedent and a condition subsequent?
A) The occurrence of a condition precedent keeps a contract alive, whereas the occurrence of a condition subsequent terminates the contract. B) The contract is discharged if the condition precedent occurs, whereas the parties must be given time to "cure" if the condition subsequent occurs. C) A condition precedent occurs before the parties reach an agreement, whereas a condition subsequent happens after the parties reach an agreement. D) A condition precedent is governed by the Uniform Commercial Code (UCC), whereas a condition subsequent is governed by the Uniform Computer Information Transaction Act (UCITA).
If you create a table based on primary data, you should include a source note below it
Indicate whether the statement is true or false