Assume That Investments in an Endowment Fund Are Being Carried

question 23

Multiple Choice

Assume that investments in an Endowment Fund are being carried at market value. The annual net appreciation of investments should:

• A)not be recognized until realized.
• B)be recorded as investment revenue.
• C)be recorded as deferred revenue.
• D)be credited directly to the Endowment Fund Balance.

Analyze the ethical dimensions of power-related behavior using the criterion of utilitarian outcomes.

Describe the characteristics of managers who use power successfully according to David McClelland.

Evaluate the ethical considerations of power-related behavior through the lens of distributive justice.

Understand French and Raven's five forms of interpersonal power and their applications in management.

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Definitions:

Utility

In economics, a measure of satisfaction or happiness that a consumer derives from the consumption of goods and services.

Satisfaction

The fulfillment of one's needs or the pleasure derived from consuming goods or services.

Consuming It

Pertains to the act of using up resources or products to satisfy needs or desires.

Ability

The possession of the means or skill to do something.