1. Identify the correct statement regarding the National Labor Relations Board.
It does not cover companies that have an impact on interstate commerce since it is a federal agency.
It assigns punitive damages to violators.
Its enforcement actions are limited to local businesses.
It can order the employer to reinstate workers, with or without back pay.
It initiates the actions of conducting and certifying representation elections and preventing unfair labor practices.
2. Which of the following is true of retirement plans?
Noncontributory plans are contributed by employees.
Defined-contribution plans are less preferred by employers.
In cash balance plans, all contributions are made by employers.
Defined-benefit plans are generous to young employees.
Cash balance plans produce great savings in pension benefits.