Which of the following financial statements is required for private not-for-profit organizations?

Which of the following financial statements is required for private not-for-profit organizations? Nonprofits use four main financial reporting statements: balance sheet, income statement, statement of cash flows and statement of functional expenses. Three of these are similar to common for-profit company statements, with the functional expenses statement being unique. Which of the financial statements that […]

How did the merchant class influence the Renaissance?

How did the merchant class influence the Renaissance? The merchant class in northern Italy influenced the Renaissance both by pursuing art in times where there were few opportunities to expand, and by becoming intensely involved in political life. Since merchants had to earn their success, their belief in individual achievement became important during the renaissance. […]

Which of the following are valid arguments in favor of trade restrictions?

Which of the following are valid arguments in favor of trade restrictions? Which of the following are valid arguments in favor of trade restrictions? Trade restrictions allow newly formed domestic industries to grow until they can compete internationally. Trade restrictions increase domestic employment across industries in the long run. Trade restrictions help prevent product dumping. […]

What is a federal democratic republic?

What is a federal democratic republic? The Constitution establishes a federal democratic republic form of government. It is a democracy because people govern themselves. It is representative because people choose elected officials by free and secret ballot. It is a republic because the Government derives its power from the people. How does a federal republic […]

Why do nations tend to have mixed economies?

Why do nations tend to have mixed economies? A mixed economy permits private participation in production, which in return allows healthy competition that can result in profit. It also contributes to public ownership in manufacturing, which can address social welfare needs. What are the benefits of a mixed economy? In a mixed economic system, free […]

Does race determine social class?

Does race determine social class? The relationship between SES, race and ethnicity is intimately intertwined. Research has shown that race and ethnicity in terms of stratification often determine a person’s socioeconomic status (U.S. Census Bureau, 2009). Furthermore, communities are often segregated by SES, race, and ethnicity. Which sociological perspective helps us to recognize the ways […]

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top