Which of the Following Is Not True of Th E

question 33

Multiple Choice

Which of the following is not true of th e Truitt requirement to furnish information?

• A)It applies to employers with 100 or more employees.
• B)It is not a "truth-in-bargaining" requirement.
• C)It relates only to claims of financial inability to meet union proposals.
• D)It is aimed to help the union validate the employer's claims.

---

Definitions:

Periodic Rate

The rate of interest charged or earned over a shorter, specified interval of time, often related to the compounding period.

Compounded Monthly

Refers to interest on a loan or investment calculated monthly, adding to the principal sum so that each successive calculation includes the previous month's interest.

Semiannually Compounded

Interest on an investment or loan calculated twice a year.

Compounded Annually

Interest calculation method where interest is calculated on the initial principal as well as the interest accumulated over previous periods, applied once per year.