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Yanka [14]
3 years ago
11

The financial reporting for private not-for-profit entities primarily focuses on: Multiple Choice basic information for the orga

nization as a whole. standardization of the fund information that is reported. inherent differences of various not-for-profit entities that impact reporting presentations. distinctions between current fund and noncurrent fund presentations.
Business
1 answer:
Romashka [77]3 years ago
7 0

Answer: basic information for the organization as a whole.

Explanation:

Private Not-for-profit organization as the term implies, are not operating to make a profit therefore their financial statements will generally not include measures that are aimed at showing profit like profit making organizations.

They will instead focus on talking about the entire organization as whole and what it has done so far in the current period. This is what is required of them by U.S. GAAP.

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Explain at least two elements of the free enterprise system here in the U.S.
Andreas93 [3]

Answer:

1.  Private ownership of factors of production

2.  Freedom to engage in commercial activities

Explanation:

<u>1.  Private ownership of factors of production</u>

In the US, individuals and firms are allowed to own properties. A significant percentage of the factors of production are in the hands of the private sector. Firms and individual influences the production of goods and services because they allocate resources to meet market demand.

<u>2.  Freedom to engage in commercial activities</u>

Entrepreneurs have the freedom to choose the type of business they want to start. They can also select the location and the time they want to operate. There are no upper limits to firms that can participate in the market.  Consumers are free to choose their suppliers. The market presents a variety of goods and services to consumers to pick from.

4 0
3 years ago
A company's strategy can best be described as a(n) _______ about what long-term goals or direction to pursue for the survival or
steposvetlana [31]

Answer:C

Explanation:

Educated guess. Proper understanding of the environment helps to make informed decisions

4 0
3 years ago
Case Study Chapter 28 George was the maker of a written promissory note that stated that $500 would be paid on the sale of Georg
masha68 [24]
I would say that this note would still be valid despite no date on it since it states that it will be paid after the sale of his automobile and in the absence of a date, I believe it could be considered be paid up to 6 months after the sale of the automobile since that sale will have a date or needs to be ensured that such a date is now recorded. While a full signature is preferable, I believe the initial will suffice since some legal documents say at financial institutions only require an initial and in any case the person who initialled it can be contacted to provide his full signature and confirmation that the 6 months after the sale of the automobile can be used.
3 0
3 years ago
Third State Bank wants to add a new branch office. It has determined that the cost of construction of the new facility will be $
Gnesinka [82]

Answer:

$298,206

Explanation:

The computation of the Net present value is shown below  

= Present value of all yearly cash inflows after applying discount factor + salvage value - initial investment  

where,  

The Initial investment is $1,500,000

All yearly cash flows would be

= Annual net operating cash inflows × PVIFA for 20 years at 17%  

= $319,522 × 5.6278

= $1,798,206

Refer to the PVIFA table

Now put these values to the above formula  

So, the value would equal to

= $1,798,206 - $1,500,000

= $298,206

8 0
3 years ago
Which of the following is not one of the Fatal Four events that cause three out of five construction worker deaths?
Alexeev081 [22]
<span>A.
Caught in or caught between
B.
Electrocution
C.
Falls
D.
Struck down


Answer: 
None, They are all one of the fatal four

But I would say D</span>
8 0
3 years ago
Read 2 more answers
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