Which of the Following Is a Characteristic of an Industrial

question 94

Multiple Choice

Which of the following is a characteristic of an industrial union?

• A) All the members are in the same occupation.
• B) Union leaders try to limit the number of members in order to maintain high wages.
• C) Members are linked by their work in a particular industry.
• D) Members change employers more frequently than in other types of unions.
• E) It is often responsible for training its members through apprenticeships.

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Definitions:

Depreciation Expense

Allocating the value of a tangible asset evenly over its period of usefulness in a systematic manner.

Accumulated Depreciation

The aggregate depreciation charges applied to an asset since its initial utilization.

Worksheet

A paper or electronic document used to organize and simplify complex information, often used in accounting and financial analysis.

Income Statement Columns

Sections in an income statement that categorize financial data such as revenues, expenses, and net income over a specific period.