Which of the following financial statements is not required for ...

[Jipu 123]

Which of the following financial statements is not required for all nongovernment not-for-profit organizations?
 
  a. Statement of net assets
  b. Statement of activities
  c. Statement of cash flows
  d. Statement of functional expenses

Question 2

An organization creates a competitive advantage by creating less value for its customers than does its competition.
  Indicate whether the statement is true or false

[jliusyl]

Answer to Question 1

D

Answer to Question 2

F

[Jipu 123]

Thanks for the timely response, appreciate it

[Jsherida]

Excellent