The Subjects That Vitally Affect the Terms and Conditions of the Employment

question 16

Multiple Choice

The subjects that vitally affect the terms and conditions of the employment of the employees in the bargaining unit are called _____ bargaining subjects.

• A)restricted
• B)mandatory
• C)permissive
• D)prohibited

Understand and apply various financial ratios to assess a company’s liquidity, solvency, and efficiency.

Calculate and interpret working capital, current ratio, and acid-test ratio to evaluate a company's short-term financial health.

Analyze a company’s ability to turn its accounts receivable and inventory into cash, focusing on turnover ratios and days' sales outstanding.

Evaluate a company's debt, equity, and profitability ratios to understand its financial leverage and income-generating ability.

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Definitions:

Market Wage

The average wage earned by workers in a specific market or industry, determined by the supply and demand for labor in that market.

Market Price

The current price at which an asset or service can be bought or sold in a particular market, determined by supply and demand forces.

Make Money

The process of earning a financial profit or income.

Informed Citizen

An individual who is well-informed about their rights, responsibilities, and current events, enabling them to participate effectively in civic and democratic processes.