Amy is a shop steward for her union. She is responsible for ensuring the terms of the collective bargaining contract are enforced and

A. being the lead in renegotiations.
B. representing employees in contract grievances.
C. representing the management during conflict resolution.
D. being the business representative.
E. being a neutral party who assists in negotiations.


Answer: B

Business

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Assume cash paid to suppliers for 2014 is $420,000, that merchandise inventory increased by $20,000 during the year, and that cost of goods sold was $415,000 for the year. During 2014, accounts payable must have

a. increased by $5,000. b. decreased by $5,000. c. increased by $15,000. d. decreased by $15,000.

Business

A bona fide debtor-creditor relationship can never exist in the case of related parties.

Answer the following statement true (T) or false (F)

Business

Which of these is NOT a production method?

a. make-to-stock b. create to order c. build to order d. assemble to order

Business

What are some emerging options for online businesses?

What will be an ideal response?

Business