An Increase in Long-Term Assets Is a Source of Cash

question 22

True/False

An increase in long-term assets is a source of cash for the firm.

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Definitions:

Industrial Unions

Labor unions that organize workers across all crafts and trades within an entire industry, rather than according to the specific skills they possess.

Craft Unions

Labor organizations that represent workers in a specific trade or craft, focusing on skills and qualifications unique to that craft as the basis for membership.

Jurisdictional Fights

Conflicts between different unions or sections of unions over the right to represent a certain group of workers or perform specific job tasks.

Open Shop Movement

An effort to ensure that employment and retention do not depend upon whether the worker is a member of a labor union or not.