When a not-for-profit corporations dissolves, its assets are ________
A) transferred to the federal government
B) distributed among major donors
C) passed to the owners' families
D) given to a similar not-for-profit group
E) seized by the state
D
Explanation: D) If a not-for profit dissolves it must give its assets to a similar nonprofit group.
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A price tactic that requires the buyer to absorb the freight costs from the shipping point is called ______________.
A. value-based pricing B. FOB origin pricing C. uniform delivered pricing D. zone pricing
Which of the following is a key difference between services and manufactured products?
A) Services do not exist until the customer buys them. B) Delivered value is more for manufactured products. C) Place and promotion are not significant in services marketing mix. D) Services exist even before they are sold to customers.
The inventory write-down rule under IAS 2 can best be labeled
a. lower of cost or market. b. lower of cost or net realizable value. c. lower of net realizable value or market d. lower of ceiling or floor.
Which is the correct spelling?
A) followups B) follow ups C) follow-ups