Featherbedding Was Declared an Unfair Labor Practice by the ________

question 29

Multiple Choice

Featherbedding was declared an unfair labor practice by the ________.

• A)Landrum-Griffin Act
• B)Wagner Act
• C)Norris-LaGuardia Act
• D)Taft-Hartley Act

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Definitions:

Perpetual Inventory System

An accounting system that continuously updates inventory records for each purchase and sale.

Inventory On September 30

The stock of goods a company has available for sale or used in production as recorded on September 30th.

Inventory Cost Flow Assumptions

Accounting methods assumed about how costs flow through inventory; basic types include FIFO, LIFO, and weighted average.

Financial Statements

Documented records that outline the financial activities and conditions of a business, including the balance sheet, income statement, and cash flow statement.