In Labor Negotiations, Management in a Very Small Company Is

question 23

Multiple Choice

In labor negotiations, management in a very small company is usually represented by:

• A)the president.
• B)Vice-president of industrial relations.
• C)Corporate lawyers.
• D)Specialist in wages and benefits.
• E)Economic specialist.

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Definitions:

Unearned Revenue

The liability created by receiving revenue in advance.

Fees Earned

Income generated from providing services to clients or customers.

Dividends

A portion of a company's earnings distributed to shareholders as a return on their investment.

Miscellaneous Expense

Small, often irregular costs that do not fit well into other categories of a budget or financial statement.