When title is transferred, the grantee in the deed may have the title insured by a:

Which of the following, if true, best supports Stevenson's position?

A) In general, the more that information technology is used by businesses, the better they perform. B) Businesses that exclusively sell online have been the fastest growing. C) The most successful businesses are those that make use of information technology. D) Many more businesses sell their products over the Internet now than in the past. E) Easily packaged imperishable consumer goods are those that are best suited to being sold over the Internet.

A nongovernment, not-for-profit organization received donated auditing services from a local CPA. The market value of the auditing services is $10,000 . How should these donated services be reported be in the statement of activities?

a. Unrestricted support - $10,000 b. Restricted support - $10,000 c. Management and general expense - $10,000 d. Both items a and c