All of the Following Are True About Unions in England,Germany,France,and

question 27

Multiple Choice

All of the following are true about unions in England,Germany,France,and the U.S.EXCEPT

• A)British unions developed with strong government interference.
• B)German unions developed in harmony with the government and corporations.
• C)French unions started much later and developed more slowly than did British or German unions.
• D)US union membership has declined significantly since the 1940s.

---

Definitions:

Parent Company

A parent company is a corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Subsidiary Company

A subsidiary company is one that is controlled by another company, typically referred to as the parent company, through ownership of more than half of the subsidiary’s voting stock.

Equity Method

This accounting technique is used for consolidating the financial statements of a company in which the investing company holds significant influence, but not full control or majority ownership.

Dividends Received

Income received by shareholders when a company distributes a portion of its profits to its stockholders.