Answer the following statements true (T) or false (F)
1. The United Food and Commercial Workers International Union, which represents many
grocery store employees across the country, decides to aggressively campaign to unionize
Walmart employees. This organizing drive is best described as an opportunistic organizing
drive.
2. If the U.S. Airline Pilots Association begins to organize a group of food service employees at the Chicago O'Hare airport that is very interested in unionizing, they are engaged in an opportunistic organizing drive.
3. The authorization card campaign is useful to the union because it helps the union assess whether it has sufficient support to win a representation election.
4. Authorization cards signed by employees give the employer permission to deduct union dues from employee paychecks.
5. The Communications Workers of America (CWA) successfully collected 94 authorization cards from the 152 eligible employees of a telecommunications company. The CWA and the company agreed to skip a representation election and instead voluntarily begin negotiations. This decision is considered illegal under the National Labor Relations Act.
1. FALSE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
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The goal of validating vendor proposals is to determine:
a. which vendor has the equipment that is easiest to use b. which vendor proposal costs the least c. which proposed systems meet the organization's requirements d. which vendor proposal should be selected
Which of the following are potential problems associated with intranets?
a. Not clearly linked to operational and strategic goals b. Imposing central solutions c. Being over-centralized d. All of the above
When comparing FASB's Conceptual Framework to the IASB's Conceptual Framework, ______.
A) the objective and qualitative characteristics are identical B) they differ in the descriptions of elements of financial reporting C) they differ in the principles of recognition and measurement D) All of the above
Murphy, Inc. had the following balances and transactions during 2017
Beginning Inventory 10 units at $73 June 10 Purchased 20 units at $82 December 30 Sold 20 units December 31 Replacement cost $63 The company maintains its records of inventory on a perpetual basis using the last-in, first-out inventory costing method. Calculate the amount of ending Merchandise Inventory at December 31, 2017 using the lower-of-cost-or-market rule. A) $820 B) $1,260 C) $630 D) $1,890