Tax-exempt organizations are required to disclose the compensation of its officers, directors, trustees, highest paid employees and independent contractors in the Form 990.

Answer the following statement true (T) or false (F)


True

Compensations schedules are required. The schedules list the compensation of officers, directors, trustees, highest paid employees as well as highest paid independent contractors.

Business

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Small businesses make up the majority of the competitive landscape for most businesses. There are approximately ________ small businesses in the United States.

A. 52 million B. 28 million C. 39 million D. 97 million E. 17 million

Business

Marketing issues such as advertising, image, and promotion are important to quality because:

A) they define for consumers the tangible elements of a service. B) the intangible attributes of a product (including any accompanying service) may not be defined by the consumer. C) they educate consumers on how to use the product. D) they make the product seem more valuable than it really is. E) they raise expenses and therefore decrease profitability.

Business

The internal rate of return will equal the discount rate when the net present value equals zero

Indicate whether the statement is true or false

Business

Jim promises to marry Cynda if she will buy him a new Ferrari for his birthday. This promise must be in writing to be enforceable

Indicate whether the statement is true or false

Business