The AFL-CIO Has No Power to Interfere in Union Decisions

question 75

Multiple Choice

The AFL-CIO has no power to interfere in union decisions in all but which of the following cases?

• A) Union decisions about striking.
• B) Union decisions about bargaining.
• C) Union disputes with other unions.
• D) Union disputes about assessing dues.

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Definitions:

Liability

A financial obligation or debt that an entity is required to pay to another entity.

Change In Accounting Principle

An adjustment in the way a company recognizes, measures, presents, or discloses financial information due to a change in accounting policy.

Continuing Operations

The parts of a business expected to continue operating in the foreseeable future, as opposed to segments being discontinued or sold.

Newly Adopted Principle

A recently implemented accounting guideline that a company starts following, which can affect its financial reporting.