When Can a Union Make a Direct Request to an Employer

question 46

Multiple Choice

When can a union make a direct request to an employer to become the bargaining agent of the employees?

• A) When less than 30 percent of the employees sign authorization cards
• B) When National Labor Relations Board (NLRB) rejects a petition for an election
• C) When more than 50 percent of the employees sign authorization cards
• D) When employees have membership in more than one labor union

Recognize the importance of financial planning and awareness of funding sources for small businesses.

Understand the operational and legal foundations of various business structures including sole proprietorships, partnerships, and corporations.

Comprehend the significance and process of creating mission statements for businesses.

Know the challenges and failure rates of small businesses and strategies to mitigate these risks.

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Definitions:

Accrued Salaries

Wages that have been earned by employees but have not yet been paid by the employer.

Adjusting Entry

A journal entry made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Unadjusted Trial Balance

A listing of all the accounts in the general ledger with their balances before any adjusting entries are made.

Adjusted Trial Balance

A trial balance prepared after adjusting entries have been made and posted to the ledger, used to verify the equality of debits and credits.