The Purpose of the Earliest Recognized Labor Unions in the U.S

question 95

Multiple Choice

The purpose of the earliest recognized labor unions in the U.S. was

• A) to achieve some short-range goals and then disband.
• B) to achieve long-range foundations for their crafts.
• C) to teach their crafts to new workers.
• D) to enhance the reputations of their members.

Differentiate between book value and market value.

Identify the types of taxes and their rates as they relate to corporate finance.

Understand the concepts of net working capital and its components.

Comprehend the principles of Generally Accepted Accounting Principles (GAAP) in relation to matching costs with revenues.

---

Definitions:

Topographic Map

A map that represents the three-dimensional surface of the earth using contour lines to show elevation changes.

Geologic Map

A map that shows the distribution, nature, and age relationships of rock units, sediments, structures, and other geologic features.

Topographic Relief

The difference in elevation of one feature relative to another; synonym: relief.

Stratigraphic Section

A vertical profile or cross-section through sedimentary rocks or soils showing the sequence and relationship of strata.