Which of the Following Is Not a Major Characteristic of a Fixed

question 40

Multiple Choice

Which of the following is not a major characteristic of a fixed asset?

• A) acquired for resale
• B) tangible in nature
• C) expected to be used for more than one year
• D) used in the production and sale of other assets

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Definitions:

Associate Union Membership

Alternative form of union membership in which members receive discounts on insurance and credit cards rather than representation in collective bargaining.

Collective Bargaining

The process of negotiation between employers and a group of employees (often represented by a union) aimed at reaching agreements to regulate working conditions, wages, and benefits.

Consent Election

A method used by workers to form a union in which they express their desire to unionize through signed authorization cards.

Decertification Election

A process by which employees can vote to remove the representation of a labor union.