If at Least 30 Percent of an Organization's Employees Sign

question 1

True/False

If at least 30 percent of an organization's employees sign an authorization card, the union may request that the employer voluntarily recognize the union.

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Definitions:

Gain on Sale

The financial profit obtained from selling an asset for more than its purchase price or book value.

Bonds Payable

Long-term liabilities on a company's balance sheet, representing money owed to bondholders that must be repaid at a future date.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.