Four dimensions of social responsibility are economic, legal, ethical, and philanthropic.
Answer the following statement true (T) or false (F)
True
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An employee of a nonprofit organization has a trusting relationship with members of her department. A big component of this trusting relationship is her ability to remember the many positive working experiences she has had with coworkers over that time. What dimension of trust does this reference?
a. active b. organizational c. cognitive d. emotional
All other things being equal, an increase in sales price would increase
a. asset turnover. b. profit margin. c. residual income. d. all of the above.
To determine cash payments for merchandise for the cash flow statement using the direct method, a decrease in accounts payable is added to the cost of merchandise sold
Indicate whether the statement is true or false
The balance in the Bonds Payable is a credit of $74,000. The balance in the Premium on Bonds Payable is a credit of $1,600. What is the bond carrying amount?
A) $1,600 B) $75,600 C) $74,000 D) $72,400