Which of the Following Is an Example of Featherbedding

question 27

Multiple Choice

Which of the following is an example of featherbedding?

• A)a craft union's restricting entry into its profession
• B)a union-imposed wage floor
• C)an increase in labor productivity that results from a decrease in quit rates
• D)attempts to reduce the sale of nonunion goods
• E)a construction workers union's requiring an unnecessarily large number of workers to do a particular job

---

Definitions:

Construction in Progress

An accounting term for the financial balance of ongoing, unfinished construction projects, which is a non-depreciable asset on the balance sheet until the project is completed.

Partial Billings

Invoices sent to clients or customers for a portion of the work completed or products delivered, commonly used in long-term projects.

Current Liability

An entity's financial liabilities that must be settled with lenders within a twelve-month period.

Revenue Recognition

Revenue Recognition is the accounting principle that dictates the specific conditions under which revenue is recognized or accounted for.