Why is the budget a far more important document in both governments and not-for-profits than in businesses?
Question:
Why is the budget a far more important document in both governments and not-for-profits than in businesses?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
Both governments and not for profit organizations uses surplus revenues to achieve the organizationa...View the full answer
Answered By
Kainat Shabbir
i am an experienced qualified expert with a long record of success helping clients overcome specific difficulties in information technology, business and arts greatly increasing their confidence in these topics. i am providing professional services in following concerns research papers, term papers, dissertation writing, book reports, biography writing, proofreading, editing, article critique, book review, coursework, c++, java, bootstarp, database.
5.00+
184+ Reviews
255+ Question Solved
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
Question Posted:
Students also viewed these Corporate Finance questions
-
Why is the budget a far more important document for both governments and not-for-prots than for businesses?
-
Why is the budget important in public sector reporting?
-
Why is the budget line straight? What would it look like if overtime were paid at higher rates per hour? What will the budget line look like for a person with higher qualifications? Redraw diagram...
-
Alpha Mann Ltd makes and sells computer carry bags. Bill Blake, the company accountant, is responsible for preparing the company's annual budget. In compiling the budget data for next year, Blake has...
-
A company is investigating two potential vendors on the timeliness of their deliveries. A random sample of size 10 from the first vendor produced an average delay time of 4.5 days with a standard...
-
Number of employees Average salary per employee Weeks of employment per year Hours worked per week Practical capacity percentage 35 $25,000 52 40 85% Line-Item Picking Loading Deliveries 30 Packaging...
-
Which characteristics of distinctive capabilities does this illustrate? Explain.
-
Denise Nelson operates Interiors by Denise, an interior design consulting and window treatment fabrication business. Her business is made up of two different distribution channels, a consulting...
-
Finished Goods Inventory before shipment to marinas across the country. MarineWork's Testing Department requires no direct materials. Conversion costs are incurred evenly throughout the testing...
-
LargeCo is planning a new promotion in Alabama (AL) and wants to know about the largest purchases made by customers in that state. Write a query to display the customer code, customer first name,...
-
An investor has two bonds in his or her portfolio, Bond C and Bond Z. Each matures in 4 years, has a face value of $1,000 and has a yield to maturity of 9.6 percent. Bond C pays a 10 percent annual...
-
Metal Fabrication, Inc. is considering purchasing a new piece of equipment. The purchase price of the equipment is $50,000. Its useful life is 7 years, and A-1 has estimated that its use would return...
-
If you took repeated samples of size 150 and constructed a 95% confidence interval for the population mean of hours slept from each sample, what percentage of these intervals would capture the...
-
Based on a survey, assume that 42% of consumers are comfortable having drones deliver their purchases. Suppose that we want to find the probability that when six consumers are randomly selected,...
-
What is the social location that determines this speech community? Is it determined by race, class, gender, sexuality, or some other social location? What makes this speech community unique? What are...
-
Write a program named SumOfNumberOfSquares.java that prompts user to enter a number of integers and calculates the sum of their squares. The following is a sample run. The green fonts represent user...
-
6.4 Charles Augustin de Coulomb was a French physicist who is best known for formulating the law that calculates the force between two electric charges. To honor Coulomb, the unit of electric charge...
-
What amount of cash payments to suppliers will be reported by Indigo Company for the year ended December 31, 2024?
-
The September 9, 2007, issue of the New York Times includes an article by Denise Caruso entitled When Balance Sheets Collide with the New Economy. Instructions Read the article and answer the...
-
Express mass density in kg/m3 and weight density in lb/ft3. 1. Find the mass density of a chunk of rock of mass 215 g that displaces a volume of 75.0 cm3 of water. 2. A block of wood is 55.9 in. x...
-
Pelamed Pharmaceuticals had EBIT of $354 million in 2018. In addition, Pelamed had interest expenses of $128.34 million and a corporate tax rate of 25%. a. What was Pelameds 2018 net income? b. What...
-
Sanyu Sony started a new business and completed these transactions during December. Dec. 1 Sanyu Sony transferred $65,000 cash from a personal savings account to a checking account in the name of...
-
The following is selected financial information for Safari Company as of December 31, 2015. Liabilities . . . . . . . . $64,000 Equity . . . . . . . . . . . $50,000 Assets . . . . . . . . . ....
-
Selected financial information for Solar Company for the year ended December 31, 2015, follows. Revenues . . . . . . . $68,000 Expenses . . . . . . . . $40,000 Net income . . . . . . . $28,000...
-
How do warehouses and distribution centers differ? What is cross-docking and why might a company choose to cross-dock a product? What kinds of products can be delivered electronically? What kinds...
-
Strawberry Inc. has historically been an all-equity firm. The analyst expects EBIT to be $1.5B in perpetuity starting one year from now. The cost of equity for the company is 11.5% and the tax rate...
-
Guzman company received a 60- day, 5 % note for 54,000 dated July 12 from a customer on account. Determine the due date on note. Determine the maturity value of the note and journalize the entry of...
Study smarter with the SolutionInn App