The ILO's Declaration on Fundamental Principles and Rights at Work

question 14

Multiple Choice

The ILO's Declaration on Fundamental Principles and Rights at Work did not cover which of the following areas?

• A)Freedom of association and the right to collective bargaining
• B)International import and export tariffs
• C)The elimination of forced and compulsory labor
• D)The abolition of child labor

---

Definitions:

Cash Budget

A forecast of cash inflows and outflows over a specific period, used to manage liquidity and ensure sufficient cash is available for operations.

Operating Budgets

Detailed projections of income and expenses related to a company's operational activities for a specific period, typically one year.

Budgeted Balance Sheet

A budgeted balance sheet forecasts a company's financial position at a future date, including assets, liabilities, and shareholders' equity, based on projected financial activities.

Budgeted Income Statement

A projected financial statement that estimates a company's expected revenues, expenses, and net income for a future period based on a budget.