Discuss how characteristics of not-for-profit organizations differ from for-profit organizations
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Discuss how characteristics of not-for-profit organizations differ from for-profit organizations.
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- A governmental agency can best be described by which of the following statements? A. has a primary purpose of making a profit B. has a primary purpose of using taxpayer funds to provide services C. produces goods for sale to the public D. has regular shareholder meetingsWhat is the major difference between a for-profit and a not-for-profit organization?What is the difference between For-profit organizations and Not-for-profit organizations?
- Discuss the basic assumptions of CVP analysis and how can we use CVP analysis in making decisions in a not-for-profit organization, as well as a for-profit organization?Define Not-for-Profit organizations. Explain what distinguishes governmental not-for-profit organizations from nongovernmental, not-for-profit organizations. Why is such a distinction necessary? Mention the objectives of financial reporting of not-for-profit organizations?What is the difference between a balance sheet of a non profit organization and a for - profit business ?