What Is the Term Used for the Practice of an Employee

question 18

Multiple Choice

What is the term used for the practice of an employee group coming to terms with management over wages and other workplace issues?

• A) unionization
• B) advocacy
• C) shared governance
• D) collective bargaining

---

Definitions:

Accounts Receivable

Monies owed to a business by its customers for goods or services delivered or used but not yet paid for.

Bad Debt Expense

An expense recognized by businesses for receivables that are considered uncollectible, reflecting estimated losses.

Consignment

A business arrangement where goods are left with a third party to sell, but the original owner retains ownership until the items are sold.

Allowance for Uncollectible Accounts

A contra-asset account used to estimate the portion of accounts receivable that may not be collected.