Special Exercises ​

question 188

Multiple Choice

Special Exercises
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Match the following statements about the Service Employees International Union,SEIU and home healthcare workers.You may use a response once,more than once,or not at all.
-The Michigan Court of Appeals ruling was in favor of SEIU Healthcare Michigan's motion to have the case dismissed because the union had paid back dues to the two plaintiffs who had filed suit demanding repayment of the dues they were forced to pay.

• A)Benefits SEIU
• B)Benefits workers
• C)Benefits both SEIU and workers
• D)Benefits neither SEIU or workers

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Definitions:

General Ledger

The General Ledger is the primary accounting record of a company that contains all the accounts needed to prepare financial statements, tracking all transactions.

Revenue Account

An account in the general ledger that records the income earned by a company, from sales or services, before any deductions.

Net Loss

Occurs when a company's total expenses exceed its total revenues during a specific period, indicating negative profitability.

Revenue Accounts

Accounts that track the income earned from the sale of products or services.