Which of the following statements regarding social enterprises is TRUE?

A)Social enterprises are essentially nonprofit organizations.
B)To become a socially conscious organization, one-half of shareholders must approve.
C)The focus of social enterprises is the motto "reduce, reuse, recycle."
D)Unlike charities, social enterprises can sell stock to investors.


D

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Grayson Bank agrees to lend the Trust Company $100,000 on January 1. Trust Company signs a $100,000, 12%, 9-month note. What entry will Trust Company make to pay off the note and interest at maturity assuming that interest has been accrued to September 30?

A) Notes Payable 109,000Cash 109,000 B) Notes Payable 100,000Interest Payable 9,000Cash 109,000 C) Interest Expense 9,000Notes Payable 100,000Cash 109,000 D) Interest Payable 12,000Notes Payable 100,000Cash 112,000

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The social forces of the environment include the demographic characteristics of the population and its ________.

A. social classes B. ethics C. culture D. geographic locations E. cohorts

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Choose the correct word or words in parentheses. We went (to, too, two) a play last night

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Which of the following statements about self-regulatory programs is false?

A. Self-regulatory programs are usually less expensive than governmental regulatory programs. B. Self-regulatory programs' guidelines generally are more realistic and operational. C. Many nongovernmental self-regulatory programs have neither the tools nor the authority to enforce guidelines. D. Self-regulatory guidelines generally are stricter than governmental regulatory programs. E. When a trade association sets up industry guidelines, some firms that are in the industry but not in the trade association do not follow the guidelines.

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