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1 (1 point) Saved A characteristic of NFPs that separate them from the for-profit sector include service mission scope no beneficial ownership break even goal
1 (1 point) Saved A characteristic of NFPs that separate them from the "for-profit sector" include service mission scope no beneficial ownership break even goal all of the listed answers are correct Question 2 (1 point) Saved True or false...... The budgeting process is as important to NFPs than it is for the "for-profit" sector True False Question 3 (1 point) Saved True or false....... Charities & governments differ from other NFP's as both can raise funds through taxation while other NFPs cannot True False Question 4 (1 point) Saved True or false........ For the most part, NFP's use completely different accounting procedures versus the "for-profit sector True False Question 5 (1 point) Saved True or false...... Front line managers in a well run NFP rarely provide input to their organization's accountants due to NFP's "break-even" goal True False Question 6 (1 point) Saved True or false..... There are not-for-profit organizations that are neither charities nor a form of government True False Question 7 (1 point) Saved True or false...... Governments have a much broader mission than other NFPs True False Question 8 (1 point) Saved True or false......... For the most part, the material we covered in this course is not appropriate for managing a not-for-profit organization True False Question 9 (1 point) Saved True or false........ The "accounting rules" for NFPs have been stable for years True False Question 10 (1 point) Saved True or false........ Government agencies are not a form of NFP True False
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