Before Negotiations with the Union, Management Needs To

question 38

Multiple Choice

Before negotiations with the union, management needs to:

• A) survey employees to find out what union demands are before they are put on the table
• B) prepare statistical displays and supportive data that the company will need during negotiations
• C) hire a labor relations expert to make sure nothing illegal is agreed to
• D) announce across-the-board pay increases
• E) confirm its bargaining position with the National Labor Relations Board

---

Definitions:

Cash Receipt

A document or electronic record acknowledging the receipt of cash from a transaction.

Voucher System

A control mechanism in accounting where vouchers are prepared as evidence for every transaction or payment.

Supporting Documents

Paperwork or electronic files that provide evidence or back up for transactions recorded in an accounting system.

Electronic Funds Transfers

Digital transfers of money from one bank account to another either within the same financial institution or across different institutions.