Which of the Following Is True of the Functions Performed

question 74

Multiple Choice

Which of the following is true of the functions performed by the National Labor Relations Board (NLRB) ?

• A)Its functions are guided by a specific jurisdictional standard that is constant across industries.
• B)Its functions do not include conducting and certifying representation elections.
• C)It enforces the National Labor Relations Act,which is based on the commerce clause of the U.S.Constitution.
• D)In practice,its functions are limited to purely local firms that fall within its jurisdiction.
• E)It not only responds to requests for actions but also initiates actions.

---

Definitions:

Bond Interest Paid

The amount paid by the issuer of a bond as interest to the bondholders, usually expressed as a fixed percentage of the principal.

Discount

A reduction from the usual cost of something or the act of lowering the price.

Premium

The amount by which the price of something, especially a financial instrument, exceeds its principal or face value.

Unamortized Premium

The portion of the bond premium that has not yet been expensed to interest expense over the bond's life.