Write a short note on Not-for-profit organizations
Write a short note on Not-for-profit organizations?
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There are many organizations which do not exist mostly for the pursuit of gain yet generate management accounting information for the decision-making purposes. Illustrations of such organizations comprise charities, clubs & associations, universities, national and local govt authorities, churches & trades unions. Managers require accounting information regarding such types of organization to assist them to make decisions. The main objectives of not-for-profit organizations will not be concerned with the making of wealth for shareholders, however with making wealth for the organizations and efficiently applying that wealth in the direction of accomplishment of their mission.
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Briefly define the term Strategic management and also state the reason why it is designed?
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Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
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Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
under gantt's bonus plan, no bonus is payable to the worker if is effeciency is less than how much?
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
The increase in value that the owner of a capital asset receives when the asset is sold. The owner pays tax on that gain or increases, at a lower rate if the assets that are sold are capital asset, such as factory buildings, rather than assets that are sold in the nor
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