Which of the Following Is an Advantage of Union Representation

question 28

Multiple Choice

Which of the following is an advantage of union representation in organizations?

• A) High productivity due to increasing compensation
• B) Consistent increase in profitability of organizations
• C) Efficient allocation of organizational resources
• D) Opportunity to provide feedback to employers

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Definitions:

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear.

Fixed Assets

Long-term tangible assets used in the operation of a business that are not expected to be converted into cash in the upcoming year.

Usefulness

The quality of being practical and beneficial, especially in decision-making or assessing value.

Prepaid Expense

Expenses paid in advance for goods or services, which are recorded as an asset until the service is consumed or the good is used.