Which of the following businesses has the most legitimate justification for not giving much to philanthropic purposes?
a. a very small company only six months after its founding
b. a large corporation that has just undergone a restructuring
c. a large corporation that is under investigation by the federal government
d. a mid-sized company with decent profits that is about 10 years old
a. a very small company only six months after its founding
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Which factor would most likely cause a firm to choose the carryforward option for an NOL?
a. Expectations of lower earnings in the future relative to the past b. Expectations of higher earnings in the future relative to the past c. Expectations of lower tax rates in the future relative to the past d. Expectations of higher tax rates in the future relative to the past
All-American University, a U.S. university, provides tuition support for up to eight semesters of undergraduate education for up to two children of faculty and staff of the university. To qualify for this tuition benefit, the faculty or staff member
must have at least seven contiguous years of full-time service and be a full-time employee when the benefits are received. All-American estimates that this tuition benefit helps retain and attract employees. How should All-American treat its expenditures on these tuition benefits each year?
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs is an OD intervention known as ______.
A. team building B. process consultation C. sustainability D. survey
Which one of the following is true of the bank reconciliation?
A) It should not be prepared by an employee who handles cash transactions. B) It is prepared in place of the cash ledger. C) It is a financial statement. D) It guarantees that no errors have been made.