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QUESTION 6 (15 MARKS) Jennifer Samuels, the director of a not for profit aid agency which receives $200 million annually from donors remarked: Why
QUESTION 6 (15 MARKS) Jennifer Samuels, the director of a not for profit aid agency which receives $200 million annually from donors remarked: "Why all this stress about preparing financial statements, after all we are not operating to make a profit" Write a response to the director highlight why it is important for not for profit organisations to prepare financial statements (15 marks)
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