Which of the Following Statements Is TRUE of Arbitrators

question 43

Multiple Choice

Which of the following statements is TRUE of arbitrators?

• A) Arbitrators must be approved by the Federal Mediation and Conciliation Services' Office of Arbitration Services.
• B) Arbitrators have to complete a certification course in arbitration before they can perform the duties of an arbitrator.
• C) Only attorneys and judges can be arbitrators in labor-management disputes.
• D) The collective bargaining agreement can specify the education or technical training that arbitrators require.

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Definitions:

Manufacturing Cost

The total expense related to the production of goods, including labor, materials, and overhead costs.

Metal Price

The cost of purchasing a specific type of metal on the market, influenced by factors such as supply, demand, and geopolitical events.

Demand

The amount of a product or service that buyers are ready and capable of buying at different price levels over a specific timeframe.

Cellular Phone Service

A service that allows mobile phone users to make and receive calls and access data over a radio frequency link while moving within a service area.