According to Herman, one of the differences of managing a nonprofit versus a for-profit corporation is that nonprofit organizations ______
A. make decisions that are consistent with the mission and ethical values of the organization
B. do not make a profit
C. do not pay federal taxes
D. do not charge customers for services
A. make decisions that are consistent with the mission and ethical values of the organization
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Fraudulent, but not innocent, misrepresentation permits the injured party to rescind a contract
a. True b. False Indicate whether the statement is true or false
Which of the following describes the risk assessment component of internal control?
A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate. B) Risk assessment is the "tone at the top" of the business. C) A company must identify its risks and take necessary steps to minimize them. D) Risk assessment is designed to ensure that the business's goals are achieved.
An architecture where multiple computers provide database functions, file
services, printing services, and other specialized functions on a shared basis for many users is called a _____________ architecture. Fill in the blanks with correct word
Merger guidelines were created by the Department of Justice and the FTC to:
a. help businesses evade antitrust laws b. help the courts determine what an unfair business practice is c. help the courts decided what penalties to impose for unfair business practices d. help the courts break up monopolies evenly e. none of the other choices are correct