Fund-raising activities in a not-for-profit organization
a. are not important in accounting for the expenditure of the organization.
b. must be reported clearly in the financial reports of the not-for-profit so that donors can see the amount of funds going to the mission of the organization.
c. are not heavily scrutinized in the financial accounting records.
d. are usually the main function of the organization.
b
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While they have many differences, millennials and members of Gen Z are both comfortable with ______.
A. there being winners and losers B. making quick decisions C. staying with an organization for 10 years or more D. making a living over making a difference
Which of the following valuation approaches has/have been defended as more suitable as a means for distributing income because it is not based on hypothetical opportunity cost figures?
a. Income tax valuation b. Discounted cash flows c. Historical cost d. Current value
Day 1 - School teacher sends superintendent letter of resignation. Day 4 - Superintendent mails letter accepting resignation. Day 5 - School teacher hand delivers letter withdrawing resignation. Day 6 - Teacher receives superintendent's letter. A) The above negotiations are governed by the UCC
B) The resignation was accepted and the withdrawal is too late. C) Both a and b D) The resignation offer was revoked.
The benefits of workers' compensation do not cover:
a. death b. permanent partial disability c. temporary total disability d. punitive damages for gross injury e. temporary partial disability