The Two Labor Organizations That Combined in 1955 Were

question 76

Multiple Choice

The two labor organizations that combined in 1955 were:

• A) the Teamsters and the United Auto Workers
• B) the United Auto Workers and The American Federation of Labor
• C) the American Federation of Labor and the Congress of Industrial Organizations
• D) the United Steel Workers and United Auto Workers
• E) the United Steel Workers and the Congress of Industrial Organizations

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Definitions:

Amortization

The approach of progressively depreciating the initial investment in an intangible asset over its effective life.

Inventory

The total quantity of goods and materials a business holds for the purpose of resale or production.

Significant Influence

The capacity, through investment ownership, to impact the management and policies of another company without having full control.

Net Income

The consummate earnings of a company following the subtraction of all operational costs and tax liabilities from its gross revenue.