Colleges and universities frequently get graduating seniors to donate money to them. A very common practice is
Question:
Colleges and universities frequently get graduating seniors to donate money to them. A very common practice is to divide this money up over a number of years. Thus a $30 donation might be divided up over a five year period (based on a Wall Street Journal article of March 2, 2007; the $30 contribution and the $6 division over five years was actually cited in the article).
Required:
a. Is this an allocation? Discuss.
b. Why do you think that colleges and universities follow this practice?
c. What entry did the college make for the five year division?
d. Do you have any other comments you would like to make about this practice?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Golden Daniel 2007 To Boost Donor Numbers Colleges Adopt New Tricks The Wall Street Journal March 2 2007 page A1 a An allocation is a slicing up or di...View the full answer
Answered By
Mary Boke
As an online tutor with over seven years of experience and a PhD in Education, I have had the opportunity to work with a wide range of students from diverse backgrounds. My experience in education has allowed me to develop a deep understanding of how students learn and the various approaches that can be used to facilitate their learning. I believe in creating a positive and inclusive learning environment that encourages students to ask questions and engage with the material. I work closely with my students to understand their individual learning styles, strengths, and challenges to tailor my approach accordingly. I also place a strong emphasis on building strong relationships with my students, which fosters trust and creates a supportive learning environment. Overall, my goal as an online tutor is to help students achieve their academic goals and develop a lifelong love of learning. I believe that education is a transformative experience that has the power to change lives, and I am committed to helping my students realize their full potential.
4+ Reviews
21+ Question Solved
Related Book For 
Accounting Theory Conceptual Issues in a Political and Economic Environment
ISBN: 978-1412991698
8th edition
Authors: Harry Wolk, James Dodd, John Rozycki
Question Posted:
