Featherbedding Is the Term for

question 9

Multiple Choice

Featherbedding is the term for

• A) any practice that forces employers to use more labor than they would otherwise.
• B) training programs initiated by unions to make their less-skilled members more productive.
• C) the practice of trying to recruit union members among public employees.
• D) attempts by management to eliminate a union.

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Definitions:

Other Comprehensive Income

Revenues, expenses, gains, and losses that are not included in net income, but instead are recorded directly to shareholders' equity.

Property Plant

Long-term tangible assets used in the operation of a business but not expected to be consumed or converted into cash in the normal course of business.

Foreign Currency

Currency used in a country other than one's own, representing the medium of exchange for international transactions.

Exchange Differences

Financial discrepancies that arise from converting transactions made in foreign currencies into the reporting currency.