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dusya [7]
3 years ago
15

What are organizations that are in the business of benefiting society and operate like a business called

Business
1 answer:
Rudik [331]3 years ago
4 0

Answer:

Nonprofit organisation

Explanation:

A nonprofit organisation is also known as nonbusiness entity is dedicated to promoting a social cause by taking surplus in the society to further a particular objective. Nonprofit organisations are usually exempt from tax for the contributions they receive.

There are not accountable to shareholders but rather to donors, volunteers, program recipients, and the community at large.

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The accounting and tax departments are the responsibility of the _____. a. ​inventory manager b. ​controller c. ​vice president
wel

Answer: Controller

         

Explanation: Controller refer to the accounting officer of the company whose job is to analyze and interpret the transactions related to accounting and fiance.

The duties of controller include conducting internal audit, updating financial statements, filing tax applications on time etc.

Thus, from the above we can conclude that the correct option is B.

4 0
3 years ago
On January 1, 2019, Cullumber Corporation acquired machinery at a cost of $1650000. Cullumber adopted the straight-line method o
Tatiana [17]

Answer:

$0

Explanation:

Since in the given situation there is a depreciation method change i.e. from the straight-line method to double-declining method so there would be no impact restrospectively.

Hence, there would be no cumulative impact as it creates the impact prospectively

So the impact would be zero

7 0
3 years ago
How does the organization of the Federal Reserver System Help it perform its functions?
ludmilkaskok [199]

Answer:

The Federal Reserve System's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services. The Federal Open Market Committee is the Fed's monetary policy-making body and manages the country's money supply.

Explanation:

4 0
1 year ago
The fundamental facilities and systems serving a country such as transportation,communication systems, power plants, and schools
vaieri [72.5K]
They are called <span>Infrastructure.</span>
6 0
3 years ago
Read 2 more answers
According to proponents of the efficient-market hypothesis, the best strategy for a small investor with a portfolio worth $40,00
viktelen [127]

Answer:

E. Invest in mutual funds.

Explanation:

Individual investors tend to have relatively small portfolios and are usually unable to realize economies of size. The best strategy is to pool funds with other small investors and allow professional managers to invest the funds. Here, a fund manager is hired to invest the cash the investors have contributed, and the fund manager's goal depends on the type of fund; a fixed-income fund manager, for example, would strive to provide the highest yield at the lowest risk.

3 0
3 years ago
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