People who view nonprofit organizations as social institutions portray nonprofit managers as ______.
A. leaders with strong business backgrounds
B. servants of society
C. capitalists
D. heroes
B. servants of society
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The average is not a very useful central tendency measure because even when the same scale is used to measure various characteristics, the averages still can't be compared to ascertain similarities or differences
Indicate whether the statement is true or false
For a factory worker, all of the following are charged to Factory Overhead except:
a. the shift premium paid because the worker works the "graveyard" shift. b. the payroll taxes related to direct labor time. c. the overtime premium paid as a result of a "rush" job stipulated by the customer contract. d. the make-up guarantee paid because the employee did not reach the quota set forth in a modified wage plan.
The business decisions made by the operations management department include manufacturing data, distribution data, and production data.
Answer the following statement true (T) or false (F)
The accounting principle that requires revenue to be recorded when earned is the:
A. Accrual reporting principle. B. Going-concern assumption. C. Expense recognition (matching) principle. D. Time period assumption. E. Revenue recognition principle.