If at Least 25 Percent of the Employees in a Bargaining

question 84

True/False

If at least 25 percent of the employees in a bargaining unit sign consent cards indicating that they are interested in joining or forming a union,the National Labor Relations Board can be petitioned to investigate and to set an election date.

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Definitions:

Subsidiary's Stock

Shares owned in a company that is controlled by another entity (the parent company), often by owning the majority of its stock.

Consolidation Procedures

Accounting processes used to combine the financial statements of a parent company with its subsidiaries, presenting the group as a single economic entity.

100%-Owned Subsidiaries

Companies completely owned by another company, allowing the parent full control over operations and decisions.

Stockholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership interest of shareholders.