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Author Question: Which of the following activities is performed by governments but not by not-for-profit ... (Read 80 times)

corkyiscool3328

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Which of the following activities is performed by governments but not by not-for-profit organizations?
 
  a. Issuing federal tax-free debt
  b. Receiving grants
  c. Preparing budgets
  d. Providing services to constituents

Question 2

Expenses follow the same debit and credit rules as
 a. revenues
  b. the drawing account
  c. the capital account
  d. liabilities



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taylorsonier

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Answer to Question 1

a

Answer to Question 2

b





 

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