Contributions received in a prior period and restricted by the donor for construction of a building were reported as increases to net assets with donor restrictions in the period received. When the building is constructed in a subsequent period a not-for-profit would report contributions for the amount released from restrictions.
Answer the following statement true (T) or false (F)
False
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Start-up and organization costs
a. are capitalized, but never amortized. b. are capitalized and amortized, usually over five years. c. are expensed in the year incurred. d. appear on the balance sheet as a current asset.
A major reason that companies adopt a learning management system (LMS) is to decentralize management of learning activities.
Answer the following statement true (T) or false (F)
Astrid is a clerk at LennoCorp, an entry level position. She consistently gets positive evaluations for her work. She loves her job, and has no desire to be promoted into another position within the company. In this situation, her pay level may be limited by
A. the company's ability to pay. B. her relative worth. C. the worth of the job. D. labor market conditions.
A trade name is protected by:
a. the Lanham Act b. the Trademark Office c. the law of copyright d. the patent statute e. none of the other choices