In the Chapter Opener Vignette "Managing Human Resources at United

question 24

Multiple Choice

In the chapter opener vignette "Managing Human Resources at United Parcel Service," __________ and the use of part-time workers were important issues in the strike between the International Brotherhood of Teamsters (IBT) and UPS in 1997.

• A) pensions
• B) discipline
• C) grievance procedures
• D) seniority
• E) job security

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Definitions:

General Fund

The primary operating fund of a government, covering most basic governmental functions.

Encumbrance Fund

A fund set aside or restricted for specific purposes, often used in government accounting to represent money that is allocated for certain obligations or projects.

Capital Assets

Long-term assets that are significant in value and are used in the operations of a business, not easily convertible to cash.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.