Which of the following is true regarding accounting and financial reporting for private colleges and universities?
A. Pell Grants are reported as nonoperating revenue.
B. Expenses associated with central management, planning and administration are classified as Institutional Support - within income from operations.
C. Revenues from residence halls, dining services and bookstores are reported as Auxiliary Enterprises - within nonoperating revenue.
D. All of the above are all true.
Answer: B
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Members of a surgical team must carefully coordinate their tasks so that the procedure occurs in the right order. Which of the following best describes members of surgical teams?
A. high degree of interdependence B. high degree of attraction C. low degree of attraction D. low degree of interdependence
Valgeet was promoted to a management position six months ago. Since then, his employees have noticed that he has forgotten some of the basic job skills he used to perform when he was working at their level. This phenomenon, which can occur with new managers, is sometimes called ______.
a. management memory b. administrative amnesia c. going suit d. promotional decay
Theoretical reasoning is reasoning about:
A. what we should believe. B. what we actually do. C. what we should implement. D. what we should do.
Give an example of an adaptive challenge.
What will be an ideal response?