CORPORATE FINANCE CUSTOM W/CONNECT >BI
11th Edition
ISBN: 9781307036633
Author: Ross
Publisher: MCG/CREATE
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Chapter 1, Problem 2CQ
Summary Introduction
To discuss: Goals of a Person X (The financial manager) towards not-for-profit-organization.
Introduction:
Not-for-profit-organization is a type of organization which does not distribute its profits or dividends to its shareholders or investors rather it uses the profits towards the organizations progress and wealth. Examples of not-for-profit-organization are charitable institutions, trust and public service organizations.
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Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital). What kinds of goals do you think would be appropriate?
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 needs plz do fast as soon as possible
The practice of for-profit hospitals transferring charity patients to not-for-profit hospitals is known as?
A. Dumping
B. Cost plus accounting
C. Diagnosis related groups
D. Cost shifting
Chapter 1 Solutions
CORPORATE FINANCE CUSTOM W/CONNECT >BI
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Similar questions
- 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 needs do fastarrow_forwardWhat is the major source revenue in non profit organization? Select one: a. Membership fees b. Sales goods c. Goods service d. All the other pointsarrow_forwardIf 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 paragrahsarrow_forward
- Course: Principle Of Healthcare Finance What is the most important function of a CFO within a healthcare organization?arrow_forwardA Voluntary Health & Welfare NFP would include which of the following financial statements in its basic financial statements? Statement of financial position and statement of activities Statement of financial position, statement of activities, and statement of cash flows Statement of financial position, statement of activities, statement of cash flows, and statement of functional expenses Statement of financial position, statement of activities, and statement of functional expenses Choose onearrow_forward5. Discuss some factors that health services managers must consider when choosing betweendebt and equity financing. Consider both investor-owned and not-for-profit firmsarrow_forward
- Explain how performance might be measured in Non-profit making Organisations. 1b. Explain the objective of the value for money and his application to a Non-profit making Organisation.arrow_forwardWhich 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 needsarrow_forwardHow will I, as a health care manager, be involved in long-term financing for your organization? Provide examples.arrow_forward
- Think carefully about the overall mission and goals of a non-governmental organization (NGO), such as Doctors Without Borders or The Nature Conservancy. Required:1. How does the task of building a balanced scorecard for an NGO differ from that for a profit-seeking enterprise?2. Choose an NGO that interests you and design a simple balanced scorecard for them, with a minimum of two measures in each of the scorecard’s perspectives.arrow_forwardAssume yourself as a senior manager of a healthcare organization and you have given the responsibility to take Capital Investment Decision. Explain what are the available options you have and which one will you choose and why.arrow_forwardWhich one is not related to Non-profit organization? Select one: a. Sales in market b. Community service c. Religious service d. Museumsarrow_forward
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