One of the limitations of financial ratio analysis for not-for-profit organizations is that donors may incorrectly assume that there are federal or state laws that govern the percentage of annual revenues that a charity must spend on its programs.

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


True

Business

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Despite what many have heard and have believed for many years, NASA may not have invented Velcro. In 1941, well before NASA, a Swiss electrical engineer named George de Mestral noticed how easily cockle burs attached to his dog's fur. He supposedly modeled the Velcro after the tiny hooks in the bur that so easily catch onto clothing and fur. Even though there is evidence that Dr. Mestral actually invented Velcro, Tim believes the NASA version of the invention story. This is a case of which of the following?

A. fundamental attribution error B. blindering C. closure D. schemata

Business

The cash surrender value of the insurance policy on the corporation's president would be presented on the balance sheet as

A) cash. B) marketable securities. C) long-term investment. D) prepaid expense.

Business

In most cases, the same sales strategy is used to sell a new and emerging product as a mature, well-established product

Indicate whether the statement is true or false

Business

What does change management accomplish and what are the components of an effective change management program?

What will be an ideal response?

Business