Not-For-Profit Organizations Use Social Media To

question 121

Multiple Choice

Not-for-profit organizations use social media to:

• A)learn about new methods of production.
• B)connect with the general public, the business community, and each other.
• C)learn about new goods and services.
• D)lobby for political gains.

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Definitions:

Retained Earnings Account

An equity account that represents the accumulated portion of net income left over after dividends are paid to shareholders.

Cumulative Earnings

The total net income of a company since its inception, minus any dividends paid to shareholders.

Dividends

Distributions to shareholders from a company, typically originating from the profits earned by the corporation.

Current Market Value

refers to the amount at which an asset or security could be bought or sold in a current transaction between willing parties.