Ask Question
BusinessBusiness
14 May, 09:09

Board members of a nonprofit organization are calculating the salary offer for a new ceo. the board wants to ensure the salary pays the new ceo fairly for the knowledge and skills he will provide the organization. the board members are practicing:

+3
Answers (2)
  1. 14 May, 12:13
    0
    nonprofit distributing

    Explanation:

    Based on the scenario being described within the question it can be said that the board members are practicing nonprofit distributing. This term refers to an organizational structure in which the profit the organization makes is reinvested in services to grow the business as opposed to being distributed to the shareholders. Which is what the company in this scenario is doing by using the money they have made in order to hire a new skillfull CEO.
  2. 14 May, 13:03
    0
    Non profit distributing

    Explanation:

    Non profit distributing organization is an organization that reinvest profit made into the organization towards expansion and increased profit rather than being distributed to shareholders.

    However, it is allowed to pay reasonable amount of salary to employees for services rendered as this treated as part of the cost of production towards profit making.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Board members of a nonprofit organization are calculating the salary offer for a new ceo. the board wants to ensure the salary pays the new ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
If exports from the united states increased, what would most likely happen to real gross domestic product and price level?
Answers (1)
Which statement is true about Responsive Display Ads? a. The ads adjust to available screen space when delivered. b. The ads can meet exact branding requirements. c. They offer the advertiser more creative control than uploaded ads. d.
Answers (1)
Calculate Producer Surplus if Reservation Price=20, Price=8, & Quantity=10. A. 800 B. 1000 C. 60
Answers (1)
Apex Manufacturing Corporation mass production eight different products. The controller who is interested in strengthening internal control over the accounting for materials used in production is most likely to implement a (n) A.
Answers (1)
Sultan Services has 1.4 million shares outstanding. It expects earnings at the end of the year of $ 5.20 million. Sultan pays out 60% of its earnings in total - 40% paid out as dividends and 20% used to repurchase shares.
Answers (1)
New Questions in Business
Miles uses the allowance method and wrote off the account of james. miles then received $559 as partial payment on the account of james. the journal entry to record the initial write-off includes? a
Answers (1)
U. S. Interest Rates during the Credit Crisis During the credit crisis, U. S. interest rates were extremely low, which enabled businesses to borrow at a low cost.
Answers (1)
The following production data were taken from the records of the finishing department for June:Inventory in process, June 1, 25% completed 1,500 unitsTransferred to finished goods during June 5,000 unitsEquivalent units of production during June
Answers (1)
Your insurance agent is trying to sell you an annuity that costs $75,000 today. By buying this annuity, your agent promises that you will receive payments of $500 per month for 20 years.
Answers (1)
James is an auditory learner. what is the best way for him to process his notes
Answers (2)
Home » Business » Board members of a nonprofit organization are calculating the salary offer for a new ceo. the board wants to ensure the salary pays the new ceo fairly for the knowledge and skills he will provide the organization. the board members are practicing:
Sign Up Forgot Password?