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makkiz [27]
1 year ago
13

those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.

Business
1 answer:
netineya [11]1 year ago
4 0

Answer:true

Explanation:

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"shoes international is a global nonprofit organization" that works with schools and various companies to donate shoes to childr
Phantasy [73]

Answer:

multinational organization

Explanation:

As it is a non-profit it is not a corporation and because, it made operations and transaction around the globe. Therefore, it should be considered multinational as it is not constraint within the frontiers of a single country.

The most famous multinational organization, are the christian organization like:

  • Catholic Charities U.S.A
  • The Salvation Army
  • The Young Men’s Christian Association (YMCA)
4 0
2 years ago
Revenues that are legally restricted for expenditure on specified operating purposes should be accounted for in special revenue
love history [14]

Answer:

Revenues that are legally restricted for expenditure on specified operating purposes should be accounted for in special revenue funds including

  • Pension trust fund revenues
  • Endowment where the investment earnings are to be used for public purposes.
  • Accumulation of resources for payment of general long-term debt principal and interest.

Explanation:

There are two main reasons for restricting funds legally. It is either for use to accomplish a specific program or to be appropriated at a time in the future.

Pensions are designated to be paid out to the recipients in the future. To achieve these, a certain percentage of their earnings is legally restricted and accounted for in Pension Trust Fund revenues.

Endowment  funds is predominant in NGOs where the investment earnings are to be used for public purposes.

Relevant financial institutions can work mutually with a company to accumulate resources for payment of general long-term debt principal and interest.

7 0
3 years ago
Z is a normal good. The equilibrium price and equilibrium quantity of Z in the year 2011 was $25 and 60 units, respectively. In
Ymorist [56]

Answer:

D) Shift of the demand curve for Z to the left

Since both the equilibrium quantity and price decreased.

Explanation:

A rightward shift of the demand curve should increase both the equilibrium price and quantity.

A rightward shift of the supply curve should increase the equilibrium quantity and decrease the equilibrium price.

A leftward shift of the supply curve should increase the equilibrium price and decrease the equilibrium quantity.

4 0
3 years ago
A ______ establishes a company's financial and strategic objectives, and provides a set of guidelines for achieving the desired
inysia [295]

Answer:

strategic plan

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;

1. Knowing your core competencies: this involves identifying your strengths such as knowledge, technology, underlying skill, experience, ability or process that enables you to perform exceptionally and provide a unique set of products or services that meets the needs of your customers.

2. Assessment of the organization's internal strengths and weaknesses: it gives an organization certain advantages, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).

3. Examination of the organization's external environment: this involves examining and identifying all the factors outside of an organization that affects its performance such as customers, government policies, competitors etc.

4. Analyze your competitors: organization should ensure they are always a step ahead of the their competitors in the industry.

In conclusion, a business strategy or strategic plan sets the overall direction for an organization or business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

8 0
2 years ago
Retained earnings:
Lubov Fominskaja [6]

Answer:

1.Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.

Explanation:

Retained earnings is an element of the balance sheet that represents the accumulated net income and losses and the amount paid to the shareholders over the years as dividend.

Each year, the company's net income or loss from the statement of profit or loss is posted into the retained earnings account.

It is an integral part of the owners equity along with ordinary share capital.

As such, retained earnings generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.

7 0
3 years ago
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