Joe lives in Arkansas and owns a lawn care business.  He cuts and maintains your lawn in Arkansas.  Which Arkansas tax is charged for this transaction?

Marcy lives in Louisiana and purchases items from Wal-Mart.com that are shipped and sold by Wal-Mart.  Wal-Mart’s headquarters are in Bentonville, AR.  Which Arkansas tax is charged for this transaction?

Maria lives in Arkansas and purchases items from Wal-Mart.com that are shipped and sold by Wal-Mart.  Wal-Mart’s headquarters are in Bentonville, AR.  Which Arkansas tax is charged for this transaction?

While corporations are required to pay income taxes, most nonprofits are not.

The Statement of Cash Flows for a nonprofit organization consists of which three sections?

The local elementary school hosts a fundraising event to raise money for new playground equipment. The cost of hosting the event would be listed on the Statement of Activities as a 

Nonprofits are not allowed to borrow money like for-profit businesses are.

Which of the following is not an example of a Red Cross program expense?

There are currently no accounting software packages available for nonprofit organizations.

Nonprofits should record depreciation on fixed assets such as vehicles and furniture.