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Author Question: One difference between a for-profit and a not-for-profit organization is: A) excess revenue over ... (Read 61 times)

asan beg

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One difference between a for-profit and a not-for-profit organization is:
 
  A) excess revenue over expenses, in a for-profit organization can go to the organization's owners, in a not-for-profit organization this excess goes back into the organization.
 
  B) a for-profit organization is not operated for anyone's personal gain, a not-for-profit operation is expected to provide a return for its investors.
 
  C) a for-profit organization will budget for a profit each year and a not-for-profit will budget to break-even.
 
  D) a for-profit organization will prepare an income statement and balance sheet each year, a not-for-profit will not prepare these statements.

Question 2

What is an example of a substance for which a statement of caution should be placed on a menu?
 
  a. Saturated fat
  b. Sulfates
  c. Sodium
  d. Cholesterol


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aidanmbrowne

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asan beg

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Reply 2 on: Aug 2, 2018
:D TYSM


FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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