If an Employee Steals Cash from a Company and Tries

question 12

Multiple Choice

If an employee steals cash from a company and tries to cover up his/her actions by recording a fictitious debit to Insurance Expense and a credit to Cash, then

• A) Expenses will be overstated
• B) Expenses will be understated
• C) Cash will be overstated
• D) Cash will be understated

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Definitions:

Decertification Election

A voting process in which employees can remove union representation from their workplace.

Authorization Cards

Authorization cards are signed by employees to indicate their desire for a labor union to represent them; these cards can trigger a formal representation election if a sufficient percentage of workers sign.

NLRB

The National Labor Relations Board, a U.S. government agency that enforces US labor law in relation to collective bargaining and unfair labor practices.

Petition

A formal written request, typically signed by multiple individuals, appealing to authority with respect to a particular cause.