What is meant by a not-for-profit entity?
Question:
What is meant by a ‘not-for-profit’ entity?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
A notforprofit entity is an organization that does not operate for ...View the full answer
Answered By
Kenneth Mutia
I have a B.S. in Statistics from the Jomo Kenyatta University of Agriculture and technology. I have been an academic tutor for over 3 years. I have a passion for helping students reach their full potential and am dedicated to helping them succeed. I am patient and adaptable, and I have experience working with students of all ages and abilities, from elementary school to college in their various fields. I have a wide scope of diverse tutoring experience in several courses of study with significant success as a tutor.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting For Non Accounting Students
ISBN: 9781292286938
10th Edition
Authors: John Dyson, Ellie Franklin
Question Posted:
Students also viewed these Business questions
-
What is meant by a spot transaction and the spot rate? A forward transaction and the forward rate? What is meant by a forward discount? Forward premium? What is a currency swap? What is a foreign...
-
What is meant by a homestead, or family, allowance?
-
What is meant by a companys capital structure?
-
B-bol King Co. started a new promotional program. For every 10 box tops returned, customers receive a basketball. The entity estimated that only 60% of the box tops reaching the market will be...
-
A paperback novel cost $ 3.49 in 1981, $ 6.99 in 1995, and $ 14.00 in 2013. Compute a paperback novel price index for 1995 and 2013 using 1981 as the base year. In words that can be understood by...
-
A long slender bar is made from an unknown material. The length of the bar is 0.83 m, its cross-sectional area is 1.3 10-4 m2, and its mass is 2.1 kg. A sound wave travels from one end of the bar to...
-
A 55 g soapstone cubea whisky stoneis used to chill a glass of whisky. Soapstone has a density of 3000 kg/m 3 , whisky a density of 940 kg/m 3 . What is the approximate normal force of the bottom of...
-
Osborn, Inc., produces cell phone equipment. Amanda Westerly, Osborns president, decided to devote more resources to the improvement of product quality after learning that her company had been ranked...
-
Solve the equation algebraically, show all work. 12x-3 5x-4 2 == 3
-
Harry is a trader selling goods on credit. His financial year ends on 31 December. The balances on his books on 1 January 203 included the following: $ Provision for doubtful debts...
-
Can a not-for-profit entity make profits?
-
What is meant by the service sector?
-
Explain why internal control is so important, especially for cash. Describe three types of internal control measures that organizations can put in place.
-
A systems manager with purchasing privileges for a Brokerage firm formed a company to sell computer supplies and software back to the Brokerage firm.. All purchases made on behalf of the Brokerage...
-
Define risk management, its administration, functions, and activities. Examine the risk management regulatory environment. Describe the implications of risk management in employment. Understand how...
-
As the financial manager at Eco-Food, a successful food company, your responsibility is to raise $30 million for a significant expansion project. The strategy involves issuing 15-year zero-coupon...
-
Elevator Speech - Ethics Philosophy. An elevator speech is very often a kind of speech that talks about "Your" thoughts, beliefs or experience about the subject, with references to articles and...
-
Assume that John Liberman, a small business owner has the following loss distribution: Loss Probability 500,000 0.05 100,000 0.10 0 0.85 An insurance policy insures the above loss distribution with a...
-
Discuss the purpose of a double-entry bookkeeping system.
-
How can a promoter avoid personal liability for pre-incorporation contracts?
-
Would promotion be successful in expanding the general demand for: ( a ) almonds, ( b ) air travel, ( c ) golf clubs, ( d ) walking shoes, ( e ) high-octane unleaded gasoline, ( f ) single-serving,...
-
Explain how an understanding of the adoption process would help you develop a promotion blend for digital tape recorders, a new consumer electronics product that produces high-quality recordings....
-
Explain how opinion leaders affect a firms promotion planning.
-
Consumers view chicken thighs and chicken breasts as distinct products. However, poultry farmers must produce chicken thighs in order to produce chicken breasts, and vice versa. The graph below...
-
Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and Installs on behalf of its clients. The firm's...
-
Selected accounts with amounts omitted are as follows: Work in Process Aug. 1 Balance 31 Direct materials 276,660 Aug. 31 Goods finished 160,530 31 Direct labor 32,500 31 Factory overhead Factory...
Study smarter with the SolutionInn App