The Government and Not For Profit Environment (CS50)
Harvard University
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The Government and Not-For-Profit Environment
- Exam (elaborations) • 16 pages • 2021
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The Government and Not-For-Profit Environment
TRUE/FALSE (CHAPTER 1)
1. The main objective of a typical government or not-for-profit entity is to earn a profit.
2. A government’s budget may be backed by the force of law.
3. Governments have no need for an accounting system.
4. A government’s internal managers rely on general purpose financial statements for a considerable amount of information about their government.
5. Governments and not-for-profit entities may n...
Exam (elaborations)
The Government and Not-For-Profit Environment
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The Government and Not-For-Profit Environment TRUE/FALSE (CHAPTER 1) 1. The main objective of a typical government or not-for-profit entity is to earn a profit. 2. A government’s budget may be backed by the force of law. 3. Governments have no need for an accounting system. 4. A government’s internal managers rely on general purpose financial statements for a considerable amount of information about their government. 5. Governments and not-for-profit entities may n...
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