Which of the Following Requires Members of a Bargaining Unit

question 53

Multiple Choice

Which of the following requires members of a bargaining unit to pay dues whether or not they are part of the union membership?

• A) certification
• B) closed shop
• C) Rand Formula
• D) dues check-off

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Definitions:

Capital Expenditure

Funds used by a company to acquire or upgrade physical assets such as property, plant, or equipment to improve its long-term operations.

Revenue Expenditure

Expenses incurred during the normal course of business operations that are expected to be consumed within the same accounting period.

Long-term

Long-term refers to holding or involving a period of time that is significantly longer than average, often used in the context of investments, debts, and assets.

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since the asset was acquired.