The ________ Was a Labor Union Formed in 1886 That

question 75

Multiple Choice

The ________ was a labor union formed in 1886 that only allowed craft workers such as silversmiths and artisans to be its members.

• A) Congress of Industrial Organizations
• B) American Federation of Labor
• C) National Labor Relations Board
• D) International Labor Organization

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Definitions:

Accounting Equation

The foundational equation in accounting, represented as Assets = Liabilities + Owner's Equity, illustrating a company's financial position.

Liabilities

Financial obligations or debts a company owes, which are expected to be paid in the future.

Increase Assets

The act of adding value to a company's assets through acquisitions, improvements, or successful business operations, leading to growth in the company's overall resources.

Decrease Assets

A decrease in assets refers to a reduction in the value or quantity of the resources owned by an entity, which can result from sales, disposals, or consumption in operations.