If a Railroad Union Reaches an Impasse During Its Negotiations,which

question 118

Multiple Choice

If a railroad union reaches an impasse during its negotiations,which federal agency is used to mediate?

• A)National Labor Relations Board under the National Labor Relations Act
• B)National Mediation Board under the Railway Labor Act
• C)Federal Mediation and Conciliation Service under the Taft-Hartley Act
• D)National Labor Disputes Board under the Taft-Hartley Act

---

Definitions:

Sales Budget

An estimate of expected sales revenue for a period, forming the basis for planning production, inventory, and cash flow.

Cash Receipts

The total amount of money received by a company during a given period, including all sources of income and revenue.

Cash Disbursements

The outflow of cash for expenses, purchases, or investments by a company during a given period.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including direct materials and labor.