In Enterprising Nonprofits,______

question 54

Multiple Choice

In enterprising nonprofits,______.

• A)both the venture mission and the market impact are for social purposes
• B)profits can be distributed to the owners
• C)profits can be shared with stakeholders
• D)a small percentage of profits can be challenged back into the organization

Analyze the implications and accounting for contingent liabilities and their disclosure in financial statements.

Understand the basic functionality and purpose of Microsoft Outlook's calendar.

Differentiate between appointments, events, and meetings within Outlook.

Identify and utilize various calendar views and their purposes.

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Definitions:

Water Heater

A household appliance that heats water for various uses such as bathing, cleaning, and cooking.

Particular Purpose

A specific intent or use for which a product or service is bought, indicating reliance on the seller's advice or expertise.

Implied Warranties

Legal guarantees assumed in transactions, such as the assurance that a product will perform as advertised or is fit for its intended use.

Operation Of Law

Changes in legal status or rights due to the application of law, rather than as a result of an agreement or court order.