An Item Is Considered Material If

question 139

Multiple Choice

An item is considered material if

• A)it does not cost a lot of money.
• B)it is of a tangible good.
• C)its size is likely to influence the decision of an investor or creditor.
• D)the cost of reporting the item is greater than its benefits.

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Definitions:

Norris-LaGuardia Act

A 1932 U.S. federal law that restricted the power of federal courts to issue injunctions against nonviolent labor disputes.

Landrum-Griffin

A law, officially known as the Labor-Management Reporting and Disclosure Act of 1959, aimed at regulating labor unions' internal affairs and their officials.

Taft-Hartley

Refers to the Taft-Hartley Act, a 1947 federal law that restricts the activities and power of labor unions in the United States.

Wagner Act

A foundational statute in United States labor law that protects the rights of workers to form unions and engage in collective bargaining.