DISCUSSION QUESTIONS
1. Identify some differences between business organizations and government/not-for-profit organizations. Your posting may reference key differences such as budget formation, the importance of the budget, revenue sources, and a government's goals, missions, and objectives.
2. How do expenses and expenditures differ? Explore the terminology and apply the differences under the full accrual vs. the modified accrual basis of accounting.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.