Question: A topic that concerns not for profit organizations and relates to their

A topic that concerns not-for-profit organizations and relates to their long-lived assets is the matter of "deferred maintenance." Canadian schools and universities in particular are concerned with this issue.
(a) Research the topic of deferred maintenance well enough so that you understand the term.
Explain the concept in 50 words or less.
(b) Interview the chief financial officer of your college or university or a not-for-profit or government organization to discuss the issue. Can you determine from an organization's financial
statements if it has a deferred maintenance problem? Should you be able to? Discuss.

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