During an Organizing Campaign

question 48

Multiple Choice

During an organizing campaign

• A)unions determine the appropriate bargaining units.
• B)most employers voluntarily agree to recognize the union.
• C)the labour boards have responsibility for making sure the organizing process follows certain steps.
• D)only one union can appear on the ballot.

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Definitions:

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for sales made on credit.

Receivables Turnover Ratio

The Receivables Turnover Ratio measures how effectively a company collects its outstanding credit, calculated by dividing net credit sales by the average accounts receivable.

Notes Receivable

Financial assets representing amounts owed to a company, payable within a certain period.

Dishonoured

Pertains to a financial instrument, like a check or promissory note, that is not paid upon presentation due to insufficient funds or any other reason for non-payment.