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Under the FASB Codification a $5 million endowment that cannot be spent for 50 years should be classified as net assets with donor restrictions.
Process Skills
Pertains to the abilities required to execute and manage processes effectively, including problem-solving, decision-making, and analytical thinking.
Empowerment
Sharing power in such a way that individuals learn to believe in their ability to do the job.
Communication Skills
The capacity to convey information effectively and efficiently to others.
Competitive People
Individuals who have a strong desire to win or be the best in their field, often driving them to put in significant effort and perseverance.
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