Mark and his colleagues are members of the union at Newsprint Inc. While negotiating the terms of the labor contract, they request their employer to deduct union dues from their paychecks. This type of contractual arrangement between the two parties is known as a(n)
A. maintenance provision.
B. union shop.
C. checkoff provision.
D. trade-off provision.
E. agency shop.
Answer: C
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______ are team members’ shared, organized understanding, and mental representation of knowledge about key elements of the team’s relevant environment.
A. Team mental models B. Team charters C. Team performance curves D. Team norms
Responsibilities of a corporation's boards of directors include all but which of the following?
A) authorize or approve the payment of dividends B) authorize or approve the selection, supervision, and removal of officers C) authorize or approve the adoption, appeal, or amendment of the corporate bylaws D) authorize or approve day-to-day corporate management decisions
Emerald, Inc., earned revenues of $69,000 and incurred expenses of $74,000. No dividends were declared. Which of the following statements is correct?
A) The entry to close Income Summary is the same regardless of a net income or a net loss. B) Retained Earnings will be debited for $5,000 and Income Summary will be credited for $5,000. C) The entries to close revenues and expenses will differ if there is a net loss. D) The entry to close Income Summary requires a debit to the Income Summary account.
Fulkron, Inc provides the following data taken from its third quarter budget
Jul Aug Sep Cash collections $67,000 $41,000 $43,000 Cash payments: Purchases of direct materials 52,000 49,000 25,000 Operating expenses 12,000 19,000 23,000 Capital expenditures 0 35,000 6,000 The cash balance on June 30 is projected to be $11,000. Based on the above data, calculate the shortfall the company is projected to have at the end of August. A) $35,000 B) $(59,000 ) C) $(48,000 ) D) $14,000