Actions that help a firm increase the price of its stock also _____.?
A. ?result in manufacturing of low-quality products
B. ?result in inflation
C. ?require the development of products that consumers want and need
D. ?require investment in high-cost manufacturing plants
E. ?result in sale of goods and services at highest possible prices
Answer: C
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The following gifts are received in 2016 by a not-for-profit entity:I. $2,000 specified by the donor to be used to pay salaries.II. $10,000 specified by the donor for new conference room furniture.III. $5,000 specified by the donor to be held for one year before being expended.The salaries are paid in 2017 and the conference room furniture is purchased in 2016. The donor did not specify any time restriction on holding the conference room furniture.What amount should be reclassified on the Statement of Activities for 2017 from the Temporarily Restricted column to the Unrestricted column?
A. $12,000. B. $7,000. C. $5,000. D. $2,000. E. $10,000.
An operating segment is a component of a company
A) that engages in business activities to earn revenues and incur expenses. B) whose operating results are regularly reviewed by the company's chief operating officer for budgeting and evaluation purposes. C) for which financial information is available. D) All of these types of companies would have an operating segment as a component.
A single predetermined overhead rate is most appropriately used to assign overhead costs when a company produces a diverse set of products
Indicate whether the statement is true or false
Which statement BESTdescribes how to handle the matter of risks in a business plan?
a. Ignore risks. b. Underplay risks. c. Acknowledge risks; outline contingent plans. d. Acknowledge risks; provide an alternative version of the business plan. e. Do not project plans for the company's development beyond the stage covered in detail in the business plan.