Ideal standards

A) do not allow for machine breakdowns, slack, or lack of momentary skill.
B) demand maximum efficiency.
C) can be achieved only if everything operates perfectly.
D) more than two of the other answers are true.
E) none of the other answers are true.


D

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Which of the following is an invalid (false) statement about nonprofits?

a. The revenues of the largest would put it in the Fortune 500 b. Their employees and volunteers comprise approximately 10% of the U.S. workforce c. Their managers earn less than equivalent for-profit organization managers d. Their missions and tasks are important but not as complex and hard as those of for-profit organizations e. The nonprofit sector has been growing faster than most sectors of business (excepting technology)

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Because it is so severe, Chapter 7 must always be voluntary.

Answer the following statement true (T) or false (F)

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Rena employs James, a real estate broker, to find a buyer for her home for a price of at least $125,000 . James has the actual implied authority to contract for the sale of Rena's home

a. True b. False Indicate whether the statement is true or false

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Which of the following statements regarding the qualified tuition plans (QTP) is incorrect?

A) Distributions can be made tax-free to pay for room and board at college. B) Distributions made from a QTP for college tuition will be tax-free in addition to qualifying for the American Opportunity credit or lifetime learning credit. C) Katie's parents had established a QTP for Katie, but she has received a "full-ride" scholarship. Katie's parents can name her sister as a replacement beneficiary of the QTP. D) Distributions of income not used for qualified higher education expenses are taxable and subject to a 10% penalty.

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