The United Way of Greater Toronto (UWGT), like many charities, was sitting on a gold mine of donor data. Unfortunately, UWGT was not certain how to use that information to its greatest advantage. UWGT could blanket past donors with generic mailings, but it could not offer donors information that would convince them to donate to UWGT over other charities. Which of the following tools would be most useful for the nonprofit organization to use?
A. a competitive intelligence framework
B. a customer relationship management plan
C. a customer-oriented marketing program
D. a database warehouse
E. a flexible marketing system
Answer: B
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Creighton, Inc determined that it had incorrectly estimated both the useful life and the estimated residual value of equipment which it purchased 2 years ago. When accounting for the change in its accounting estimates, Creighton must
a. correct the financial statements of prior years affected by the errors in the estimates. b. determine the book value at the point of change and depreciate that amount over the remaining useful life. c. add the amount of the error to the amount of the current year's depreciation expense. d. determine the effect of the error and report it as a loss on the income statement in Other Revenues and Expenses.
Lubrication used for machines is an example of a direct material
Indicate whether the statement is true or false
Selling stock is a common way to raise money for capital and involves selling shares in the ownership of the company.
Answer the following statement true (T) or false (F)
The town of Brownsville assesses property at 80% of market value. The tax rate is 1.8%. A church has a total market value of $580,000 . How much does the church save by being exempt from property taxes?