Nonprofit corporations:
A. are formed and operated by public entities.
B. do not permit officers and employees to receive salaries.
C. have the power to tax.
D. are similar to nontaxing governmental corporations.
Answer: D
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Justin is a recent college graduate who has been working at his first full-time job for about five months. Justin’s roommate Steve hears all about Justin’s new workplace and his frustrations with it nearly every day when he gets home. What type of workplace dissent is Justin expressing? What are some reasons that he may be choosing this type of dissent over the others?
What will be an ideal response?
Beyond the sales level that achieves maximum profits, total costs rise at a faster rate than total revenue
Indicate whether the statement is true or false
Biggers Company expects the following results for the next accounting period: Sales $240,000 Variable costs $135,000 Fixed costs $40,000 Expected production and sales in units 3,000 The sales manager believes sales could be increased by 400 units if advertising expenditures were increased by $10,000. If advertising expenditures are increased and sales increase by 400 units, the effect on
operating income will be a A) decrease of $4,000 B) increase of $4,000 C) increase of $22,000 D) increase of $30,000 E) cannot be determined from data given
When the economy slips into a recession, normally the demand for bonds ________, the supply of bonds ________, and the interest rate ________
A) increases; increases; rises B) decreases; decreases; falls C) increases; decreases; falls D) decreases; increases; rises