When an arbitrator is evaluating an employee misconduct case, the relative value of the damage is the primary factor in considering the appropriate discipline; the person's deliberate and malicious intent has relatively little significance

If ending inventory is understated, then net income is understated.

a. true b. false

Which of the following statements is TRUE of arbitrators?

a. Arbitrators must be approved by the Federal Mediation and Conciliation Services' Office of Arbitration Services. b. Arbitrators have to complete a certification course in arbitration before they can perform the duties of an arbitrator. c. Only attorneys and judges can be arbitrators in labor-management disputes. d. The collective bargaining agreement can specify the education or technical training that arbitrators require.