Union Recognition Is Most Commonly a Result of _______

question 60

Multiple Choice

Union recognition is most commonly a result of _______.

• A)the outcome of arbitration
• B)management count of authorization cards
• C)NLRB order based on an unfair labor practice
• D)an NLRB ordered election
• E)impasse resolution mediation

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.

Bad Debt Expense

The cost associated with accounts receivable that a company does not expect to collect because customers default on their payments.

Note Duration

The length of time until a promissory note, or loan agreement, is due to be paid in full.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, indicating its worth at issuance.