Union Work Rules Do Not Restrict Management's Ability to Do

question 22

Multiple Choice

Union work rules do not restrict management's ability to do which of the following?

• A)decide who will be laid off in the event of an economic downturn
• B)decide how many students will be in a class
• C)decide how many people are needed to do a given job
• D)determine the basis for promotion
• E)decide who has passed her probation period

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Definitions:

Credit

An accounting entry that increases liabilities and equity or decreases assets, reflecting a transaction such as the sale of goods on account.

Balance

The amount of money in a financial account, or the difference between the total debits and credits recorded in an account.

Reference Column

A column in financial documents or reports that is used to cross-reference or provide additional information related to a specific entry.

Journalizing

The process of recording financial transactions in a journal, detailing accounts affected, amounts, and dates.