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Which of the following is true regarding not-for-profit (NFP) organizations? Multiple choice question. CVP modeling is not possible since there is no profit to be
Which of the following is true regarding not-for-profit (NFP) organizations? Multiple choice question. CVP modeling is not possible since there is no "profit" to be modeled. CVP modeling is possible, but only through the incorporation of step-cost functions. CVP analysis can typically be used in the organization. CVP modeling is not recommended since there are no tax effects to consider
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