Question
please answer those all four questions please. 24. Non-profit organizations must segregate assets that are subject restrictions imposed by a) management b) board of trustees
please answer those all four questions please.
24. Non-profit organizations must segregate assets that are subject restrictions imposed by
a) management
b) board of trustees
c) customers
d) donors
25. Which of the following services would be recorded as both support and an expense in a non-profit organization?
a) a volunteer who comes in to help set up for the annual fund-raising ball
b) a parent who is an accountant who volunteers to keep the organizations books
c) a physician who volunteers to serve on a community health service centers board.
29. Why does an organization keep cash?
30. Can a profitable organization run out of money?Explain.
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