Which of the Following Is a Correct Statement About Union

question 24

Multiple Choice

Which of the following is a correct statement about union activities?

• A) A sympathetic strike occurs when workers who have no particular grievance of their own and who may or may not have the same employer decide to strike in support of others.
• B) A corporate campaign occurs when people refuse to patronize companies that handle products of struck companies.
• C) The 1947 Taft-Hartley Act forbids individual states from outlawing union shops.
• D) Labor historians generally consider the American Federation of Labor (AFL) the first truly national trade union.

Recognize various phases of the management process and their descriptions.

Distinguish between direct materials, direct labor, and factory overhead in manufacturing costs.

Classify costs as selling and administrative expenses or factory overhead.

Understand the impact of costs on manufacturing and non-manufacturing environments.

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Definitions:

Income from Associates

Earnings generated from investments in affiliate or associate companies.

Dividend Income

Earnings distributed to shareholders from the profits of a company, acquired through the ownership of its shares.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's profit or loss.

Controlling Interest

Ownership of a sufficient portion of a company's stock to influence or control its management and operations.