Which of the Following Is a Major Disadvantage of Grievance

question 35

Multiple Choice

Which of the following is a major disadvantage of grievance mediation?

• A) The process of grievance mediation is slower than arbitration.
• B) The process of grievance mediation is more expensive than arbitration.
• C) There is a possibility that the process of mediation will not lead to any settlement.
• D) The process of grievance mediation is not confidential and the mediator is obliged to share the details mediation of with the public.

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Definitions:

Aging of Accounts Receivable

A method used to categorize the amounts owed by customers based on the length of time an invoice has been outstanding.

Reports Center

The Reports Center is a feature in accounting software that aggregates all financial reports, providing an overview of an entity’s financial health.

Undeposited Funds

An account used in accounting to temporarily hold receipts and cash sales until they can be deposited in the bank, facilitating easier tracking of cash flow.

Partial Payments

Payments made towards a debt or invoice that are less than the total amount due at the time.