When the Purpose of the Organization Will Benefit Nonmembers,it Is

question 64

Multiple Choice

When the purpose of the organization will benefit nonmembers,it is customary to call the group an)

• A)public-interest lobby.
• B)ideological interest group.
• C)political party.
• D)public-interest law firm.
• E)pressure group.

Understand the importance of establishing rules for business meetings proactively.

Understanding the characteristics and implications of issuing preference shares.

Knowledge of dividend policies and their effect on preference and ordinary shares.

Understanding financial mechanisms corporations use to manage shares and shareholder equity.

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Definitions:

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence over that company but does not fully control it.

Investee's Net Income

The total profit of a company in which another company has an investment interest, after all expenses and taxes have been subtracted.

Original Cost

The initial amount of money spent to acquire an asset, including purchase price and all expenses incurred to bring it to its intended use.

Unrealized Gain

A profit that exists on paper as a result of an investment increasing in value but has not yet been sold for cash.