Branding a nonprofit organization and programs adds value because
a. Costs are lower and neglected market segments are reached
b. It serves as shorthand for the organization and its various offerings. c. it reduces the risks in communicating information
d. it guarantees a certain donor base
e. It is easy and inexpensive to do
B
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The Capitals Company has provided you the following information pertaining to the year ending December 31, 2018: January 1, 2018 December 31, 2018Equipment$575,000 $729,000 Accumulated depreciation$165,000 $120,500 Equipment costing $25,000 was acquired in exchange for common stock. Equipment with an original cost of $57,500 and a book value of $5,000 was scrapped. Equipment was purchased in exchange for cash. Equipment with a book value of $39,000 was sold resulting in a $14,000 gain. The accumulated depreciation at the time of the sale was $67,000. Required: Determine the cash paid for equipment purchases during 2018.Determine the depreciation expense for 2018.
What will be an ideal response?
Which of the following is a market-oriented mission statement?
A) "We empower customers to achieve their dreams." B) "We sell jumbo burgers." C) "We are an online library." D) "We are a low-cost airline." E) "We make porcelain figurines."
Which of the following is true with regard to price fixing?
A) Price fixing is a reasonable violation of Section 1 of the Sherman Act. B) Price fixing is a process seen exclusively among sellers of goods and services. C) Price fixing is permissible as it helps consumers or protects competitors from ruinous competition. D) Price fixing also involves fixing the quantity of a product or service to be produced or provided.
Expenses that are easily traced and assigned to a specific department because they are incurred for the sole benefit of that department are called:
A. Uncontrollable expenses. B. Indirect expenses. C. Controllable expenses. D. Direct expenses. E. Fixed expenses.