Which one is not related to Non-profit organization? Select one: a. Sales in market b. Community service c. Religious service d. Museums
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Q: The Oman Museum is a nonprofit organization or government organization? Why? Explain.
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Q: Non-profit organization
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A:
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Q: The Oman Museum is a nonprofit organization or government organization? Why? Explain.
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Q: Which of the following best describes a non-profit organization?
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A: Answer: Option b.
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Q: Which of the following best describes a non-profit organization?
A: Not for profit organization: These are the organizations that provide services to the community…
Which one is not related to Non-profit organization?
Select one: a. Sales in market b. Community service c. Religious service d. Museums
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- What is the major source revenue in non profit organization? Select one: a. Membership fees b. Sales goods c. Goods service d. All the other pointsThe following are the examples of not-for-profit organizations EXCEPT: a. Religious organizations b. Public colleges and universities c. Community service units d. MuseumsIf we "measure what matters" in a not-for-profit, what activities could they be measuring that are different than the for-profit organization? 1-2 paragrahs
- Which of the following is likely not a type of not-for-profit entity? public library community foundation university local movie theaterThe Oman Museum is a nonprofit organization or government organization? Why? Explain.The following questions concern the accounting principles and procedures applicable to a private not-for-profit entity. Write answers to each question.a. What is the difference between revenue and public support?b. What is the significance of the statement of functional expenses?c. What accounting process does a private charity use in connection with donated materials? d. What is the difference in the two types of restricted net assets found in the financial records of a private not-for-profit organization?e. Under what conditions should the entity record donated services?f. What is the proper handling of costs associated with direct mail and other solicitations for money that also contain educational materials?g. A not-for-profit receives a painting. Under what conditions can this painting be judged as a work of art? If it meets the criteria for a work of art, how is the financial reporting of the entity affected?
- How does a voluntary health and welfare organization account for donated goods and cash contributed for operating purposes ? What types of revenues are recognized by voluntary health and welfare organizations ?Which of the following best describes a non-profit organization? One in which the leadership is governed by a board of directors O One in which the workforce is made up of volunteers O One that reinvests profit into the organization instead of distributing it to owners One that relies solely on private donations for the organization's financial needsThe following questions concern the accounting principles and procedures applicable to a private not-for-profit entity. Write answers to each question. What is the difference between revenue and public support? What is the significance of the statement of functional expenses? What accounting process does a private charity use in connection with donated materials? What is the difference in the two types of restricted net assets found in the financial records of a private not-for-profit organization? Under what conditions should the entity record donated services? What is the proper handling of costs associated with direct mail and other solicitations for money that also contain educational materials? A not-for-profit receives a painting. Under what conditions can this painting be judged as a work of art? If it meets the criteria for a work of art, how is the financial reporting of the entity affected?
- What are the needed qualities for individuals in charge of governance in a charity organization? Use relevant examples in explaining your answer.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?If we "measure what matters" in a not-for-profit, what activities could they be measuring that are different than the for-profit organization?