Interactional Justice Is the Individual's Perception of the Degree to Which

question 94

True/False

Interactional justice is the individual's perception of the degree to which he or she is treated with dignity, concern, and respect.

Understand the rights and obligations of employers and employees in the context of labour relations and union activities.

Understand the fundamentals of collective bargaining.

Gain insight into the characteristics and functions of unions.

Recognize the significance of bargaining power in negotiations.

---

Definitions:

Financial Statement Order

The sequence in which financial statements are prepared and presented, typically starting with the income statement, balance sheet, statement of owner's equity, and finally the cash flow statement.

Trial Balance

A report listing all the accounts and their balances at a specific point in time, used to ensure that debits equal credits.

Accounts Receivable

The sum customers owe a company for the delivery of services or products, payment for which has not yet been made.

Accounts Payable

Amounts owed by a company to suppliers or vendors for goods or services received but not yet paid for, recognized as a current liability on the balance sheet.