Question
8. In current practice, the financial reporting for non-profit organizations (choose the incorrect statement) a. Is essentially similar to that of business entities b. Focuses
8.
In current practice, the financial reporting for non-profit organizations (choose the
incorrect statement)
a.
Is essentially similar to that of business entities
b.
Focuses on fund accounting
c.
Focuses on the reporting entity concept
d.
Adopts PFRS principles
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Financial Accounting
Authors: Jamie Pratt, Michael F Peters
11th Edition
1119745322, 978-1119745327
