Low Attendance at Union Meetings Should Not Be Taken as the Real

question 12

Multiple Choice

Low attendance at union meetings should not be taken as the real measure of union participation because:

• A) much membership participation takes place at an informal level.
• B) low attendance may just indicate members are not concerned with any of the
• Immediate issues facing the union.
• C) stewards regularly attend meetings and they maintain the link to the members
• They represent.
• D) all of these
• E) none of these

---

Definitions:

Annual Report

A comprehensive report on a company's activities and financial performance throughout the preceding year, intended for shareholders and stakeholders.

Impaired Goodwill

Impaired goodwill occurs when the market value of a company's goodwill asset falls below its recorded value on financial statements, prompting a write-down to reflect the reduced value.

Amortization

The method of slowly amortizing the initial expense of a non-physical asset over the period it is expected to be used.

Units-Of-Output Method

A depreciation method where the expense is based on the actual output or usage of the asset, rather than the passage of time.