Congress enacted the National Labor Relations Act (NLRA) in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices, which can harm the general welfare of workers, businesses and the U.S. economy.. [Â§152.] When used in this Act [subchapter]--. (1) The term person includes one or more individuals, labor organizations, partnerships, associations, corporations, legal representatives, trustees, trustees in cases under title 11 of the United States Code [under title 11], or receivers.
Unqualified Opinion. Often called a clean opinion, an unqualified opinion is an audit report that is issued when an auditor determines that each of the financial records provided by the small business is free of any misrepresentations.dverse Opinion. The worst type of financial report that can be issued to a business is an adverse opinion. This indicates that the firmâs financial records do not conform to GAAP. In addition, the financial records provided by the business have been grossly misrepresented.
Unqualified opinion is the opinion where auditor expresses an unmodified opinion (as above) AND attaches an Emphasis of Matter Paragraph. Simply, unmodified opinion is a clean opinion where as unqualified opinion is a âmodifiedâ clean opinion with emphasis of matter paragraph.ome authors try to differentiate between these two terms as follows: Unmodified opinion is the opinion where auditor expresses an opinion that financial statements are presented, in all material respects, in accordance with applicable financial reporting framework.