Which of the Following Statements About Unions Is False

question 25

Multiple Choice

Which of the following statements about unions is false?

• A)A tactic available to management when negotiations break down is boycotting.
• B)Collective bargaining is a process of settling differences and establishing mutually agreeable conditions between labor and management.
• C)If negotiations between the union and management stall,the two sides can agree to mediation or arbitration.
• D)Unionized workers who believe they have been treated unfairly can file a grievance with the union.

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Definitions:

Permanent Accounts

These are balance sheet accounts whose balances are carried forward from one accounting period to the next, including assets, liabilities, and equity accounts.

Accounting Cycle

A series of steps followed by an organization to track and process financial transactions, from the initial transaction to its inclusion in the financial statements.

Next Accounting Period

The future timeline or interval for which financial records will be prepared and analyzed, immediately following the current reporting period.