Mr. Smythe, a wealthy businessman who made his fortune in the oil industry, understands the importance of a college education, so he has donated over $10 million over the last several years to colleges and universities. Mr. Smythe's actions are an example of
A. philanthropy.
B. sustainability.
C. servant leadership.
D. mentoring.
E. corporate governance.
A. philanthropy.
Philanthropy is defined as making charitable donations to benefit humankind.
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If a company uses LIFO for annual reporting purposes, it must also use it for interim reporting. This enables external users to accurately compare financial statements
Indicate whether the statement is true or false
The following formula is used to compute the present value of a lump sum
Future value = Present value x PV factor for i = X%, n = X periods Indicate whether the statement is true or false
The constitutional privilege protects the press in a defamation action:
A) in the absence of mistake. B) when the plaintiff is a public figure or official. C) from all liability to anyone. D) in all of these situations.
Most consumer-product companies distribute through direct channels.
Answer the following statement true (T) or false (F)