A Union Wants to Increase Its Members' Wages Without Reducing

question 67

Multiple Choice

A union wants to increase its members' wages without reducing employment.Which of the following strategies might achieve that goal?

• A)setting a high minimum wage rate for its members 
• B)increasing the number of members in the union 
• C)pushing employers not to allow featherbedding of workers 
• D)training its members to work more productively

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Definitions:

Bank Reconciliation

A process that explains the difference between the bank balance shown in a company's bank statement and its financial records.

NSF Check

A check that cannot be processed due to insufficient funds in the account it is drawn on, commonly known as a bounced check.

Outstanding Checks

Checks that have been written and recorded in financial accounts but have not yet been cashed or cleared by the bank.

Bank Reconciliation

A process that explains the difference between the bank balance shown in an organization's bank statement, as supplied by the bank, and the corresponding amount shown in the organization's own accounting records at a particular point in time.