A union declares its workers are going on strike. The employer states the collective bargaining agreement is still in force for another eight months and that it contains a no-strike clause. The union claims the CBA's no-strike provision is not binding since new union leadership is in place. Which of the following statements is correct?
A)The union can strike since new leadership is now in control.
B)The union can strike since no-strike provisions have been ruled by the courts to be unenforceable.
C)The union cannot strike, as strikes to exert economic pressure on management are prohibited by the NLRA.
D)The union cannot strike because of the no-strike clause in the contract.
D
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Which of the following accounts will not be considered when computing cash flow from operations?
a. Accounts receivable b. Inventories c. Equipment d. Accounts payable e. Taxes payable
A company purchased $10,000 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping point. The freight charge, $500, was added to the invoice amount. On June 20, it returned $800 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals:
A. $10,300. B. $9,424. C. $10,500. D. $10,200. E. $9,224.
Any items that a retailer owns with a monetary value are _____
a. assets b. current assets c. fixed assets d. net worth
User acceptance testing (UAT) determines whether the system satisfies the user and business requirements.
Answer the following statement true (T) or false (F)