Which of the Following Is True of the National Labor

question 4

Multiple Choice

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

• A)It is composed of a nine-member board,the general counsel,and 10 regional offices.
• B)Its functions do not include conducting and certifying representation elections.
• C)Its jurisdiction is limited to employers whose operations affect commerce generally.
• D)In practice,only purely local firms fall within its jurisdiction.
• E)It not only responds to requests for actions but also initiates actions.

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Definitions:

Multiple-Step Statement

An income statement format that separates operating revenues and expenses from non-operating ones, calculating income at several levels.

Single-Step Statement

A simplified income statement that calculates net income by subtracting total expenses directly from total revenue with one step.

Gross Profit

is the financial gain obtained after subtracting the cost of goods sold (COGS) from total revenue.