The transactions described in the following questions occurred in a voluntary health and welfare organization during the year ended December 31, 20X8. For each transaction, indicate its effect(s) on the organization's statement of activities prepared for the year ended December 31, 20X8. List all effects of transactions affecting more than one class of net assets. Indicate your choice(s) by entering the letter corresponding to the effects listed here:Effects of Transactions on Statement of Activities A. Increases net assets with donor restrictions. B. Decreases net assets with donor restrictions. C. Increases net assets without donor restrictions. D. Decreases net assets without donor restrictions. E. Transaction is not reported on the statement of activities. Acquired equipment
with all of the contributions previously received from donors for equipment purchases.
What will be an ideal response?
A and D
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The approach to leadership that suggests that effective leadership behavior depends on the situation at hand is the ______ approach.
A. contingency B. transformational C. circumstantial D. behavioral E. trait
Administrative controls
a. are concerned with efficient operations and adherence to managerial policies. b. are concerned with the reliability of the financial statements. c. are the responsibility of the company's auditors. d. are concerned primarily with safeguarding assets.
A note in which the maker states, "I promise to pay to the order of Oliver $600 or a six-string guitar" is:
A. negotiable for payment of the guitar only. B. negotiable for payment only if Oliver is the holder of the instrument. C. not negotiable because it is not payable for money alone. D. not negotiable because it contains a conditional promise.
Angel's oldest associate, Betty, complained that she was bored and was thinking of looking for a different job. Instead of letting her go, Angel decided to utilize her life experience and asked Betty if she would be responsible for organizing departmental social events and the weekly visual displays. This suggestion, giving Betty a task she would enjoy doing, would be an example of
A. job engagement. B. job enrichment. C. extrinsic rewards. D. intrinsic rewards. E. job description.