Which of the following is the best definition of a principal gift?
a. A gift of a large amount
b. The largest gift a donor will ever give
c. The first gift made to a nonprofit organization
d. A gift that is based on altruistic motives
e. A gift made at the donor’s death
a. A gift of a large amount
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Which of the following is true about the territorial sales force structure?
A) The territorial sales force structure does not define each salesperson's job clearly. B) Salespeople specialize in selling only a small portion of the company's products. C) In a territorial sales force structure, separate sales forces are set up for different industries. D) Travel expenses are relatively small as each salesperson travels within a limited geographic area. E) In a territorial sales force structure, separate sales forces are often established to handle a single, large account in every territory.
What are the essentials of sensemaking?
What will be an ideal response?
Which of the following statements about SIMPLE retirement plans is true?
A) They are limited to employers with 100 or fewer eligible employees and who do not maintain another qualified plan. B) Employees are not permitted to make SIMPLE plan contributions. C) Employers are subject to more stringent nondiscrimination rules than those that apply to most qualified plans. D) Employer contributions are fully taxable in the year of the contribution, but qualified distributions are received tax-free.
Aiden transferred $2 million to an irrevocable trust with income to Valeria for her life and the remainder to Jocelyn (or her estate). Calculate the value of the remainder and the life estate if Valeria's age and the prevailing interest rate result in a Table S discount factor for the remainder of 0.47.
What will be an ideal response?