Which of the Following Statements Regarding Unions Is NOT True

question 13

Multiple Choice

Which of the following statements regarding unions is NOT true?

• A)Union membership has fallen from approximately 20 percent to 11 percent since 1983.
• B)Unions peaked in the 1950s and 1960s.
• C)Since 1997, there has been a consistent 2 percent annual decrease in certification elections decided in favor of unionization.
• D)Since 1997, the number of union certification elections for firms has declined.

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Definitions:

Accounts Payable

Liabilities or amounts owed by a company to its creditors/vendors for goods and services received but not yet paid for.

Buildings

Structures such as houses, offices, and factories that are constructed as fixed assets for use in operations or investment.

Land

A type of real estate that refers to the earth's surface extending downward to the center of the earth and upward infinitely into space, including all natural resources.

Equipment

Tangible property used in operations, such as machinery and office equipment, which is not intended for sale.