Which term below defines organizational comparisons?
A. accreditation
B. benchmarking
C. cost–benefit analysis
D. performance evaluations
B. benchmarking
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FASB requires companies to provide disclosure regarding the preferred stock characteristics
Indicate whether the statement is true or false
When granting a customer's claim, a business communicator should include an opening in an adjustment message that A) summarizes the reader's claim and request
B) presents the good news immediately. C) explains and clarifies the company's position. D) builds goodwill.
A not-for-profit organization receives a restricted contribution of $20,000 to be used for a specific project. During the current year, $14,000 is spent toward the project with the balance to be spent next year. What should be the balance in the deferred contribution account at the end of the year, if the organization uses the deferred contribution method of reporting?
Do-Good Inc. is a newly formed not-for-profit organization. On January 1, 2018, its first day of operations, Do-Good purchased equipment costing $8,000. The equipment is estimated to have a useful life of 4 years, with no residual value at that time. This transaction was the only transaction that took place to date. The equipment was purchased from an unrestricted contribution of $8,000. A) $20,000. B) $14,000. C) $6,000. D) Nil.
The majority of new employer-sponsored pension plans are defined-benefit plans
a. True b. False