Write any two differences between non-profit organization and governmental organization?
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1) Write any two differences between non-profit organization and governmental organization?
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- Which of the following is likely not a type of not-for-profit entity? A. public library B. community foundation C. university D. local movie theaterWhat is the major difference between a for-profit and a not-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? 1-2 paragrahs
- 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?If we "measure what matters" in a not-for-profit, what activities could they be measuring that are different than the for-profit organization?Discuss how characteristics of not-for-profit organizations differ from for-profit organizations.
- 3) What are the FASB standard require that non-profit organization in financial statements?What is the difference between For-profit organizations and Not-for-profit organizations?Explain the difference between the three classifications of donor's contribution to a not-for profit organization. (unrestricted, permanently restricted and temporarily restricted).