The ability of a corporation to obtain capital is:
A) less than a partnership.
B) about the same as a partnership.
C) restricted because of the limited life of the corporation.
D) enhanced because of the limited liability and the ease of share transferability.
D
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Indicate whether the statement is true or false
Which of the following statements is true regarding traditional entrepreneurs?
A. Traditional entrepreneurs start off with the intention of tackling social problems to bring about change. B. Traditional entrepreneurs entrench corporate social responsibility into their start-up business model. C. Traditional entrepreneurs start off with making profit as a goal. D. Traditional entrepreneurs start off with the intention of tackling environmental problems.
Answer the following statements true (T) or false (F)
1. Hybrid boards have elected and appointed members. 2. Elected boards help ensure that organizations are responsive to member needs. 3. Nonprofits file a Form 990 with the Internal Revenue Service when their annual revenues exceed $100,000. 4. A board governs the nonprofit organization, while the chief executive officer manages the organization. 5. Advisory councils have no legal responsibilities within a nonprofit organization.
Which of the following sections of the statement of cash flows include activities that increase and decrease long-term assets?
A) the financing activities section B) the operating activities section C) the investing activities section D) the non-cash investing and financing section