The Administrative Agencies Now Under the Railway Labor Act Are

question 1

Multiple Choice

The administrative agencies now under the Railway Labor Act are the:

• A) National Mediation Board and National Railroad Adjustment Board.
• B) Board of Mediation and National Railroad Adjustment Board.
• C) National Labor Relations Board and the National Mediation Board.
• D) National Mediation Board and the National Labor Relations Board.
• E) National Labor Relations Board and the Railway Labor Board.

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Definitions:

Controllable Costs

Expenses that a manager or business unit has the authority to influence or change in the short term.

Product Costs

Costs that are directly associated with the manufacturing of goods including materials, labor, and overhead.

Administrative Costs

Expenses related to the management and general operations of a business, including salaries of senior executives, legal and accounting services.

Period Costs

Expenses that are not directly tied to the production of goods and are instead charged to the time period in which they are incurred.