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Being that you are an inquisitive person and wish to add to your knowledge base, you ask your new accountant to teach you about fund accounting that is used in nonprofit financial accounting. Specifically, you asked her the following:
• Explain how fund accounting principles for nonprofit organizations affect routine revenue type journal entries.
• Do you think that nonprofits should continue to abide by the wishes of contributors who donated on the basis of a specific use of their donation, or, during tough economic times, should they ask these contributors to relax any restrictions they placed on the use of these funds?
Analyze accounting and reporting requirements for not-for-profit organizations
Indicate the most negative potential impacts on business operations related to these assumptions. Provide support for your rationale.
What is compensation expense related to the stock option plan in fiscal 2008
Find what strategic objective would this address and find what specific measures would this involve
Allie took the land subject to the $100,000 liability and Evaluate what is Allie's basis in the land?
What is sales order processing system and what is Data Flow Diagram and how might Data Flow Diagram going to be helpful to an accountant? Discuss your views.
Justify your answer by describing what is meant by the term depreciation, the role and process of recognizing depreciation in accounting reports, and by identifying the accounting concepts that give the justification for recognizing depreciation.
Explain the department and its function and what do you think are most significant direct costs incurred by this support department?
The Department of Defense moved funds from the Overseas Contingency Transfer Account to the Army's Military Personnel appropriation to cover extra costs associated with deploying troops unexpectedly to Afghanistan.
onsider the market price of the Schieble bonds was known to be $180,000, but the market price of the warrants without the bonds cannot be evaluated, what are the amounts that should be allocated to the warrants and the bonds?
Match each situation with fraud triangle factor that best explain it an employee's monthly credit card payments are nearly 75 percent of their monthly earnings
Evaluate the machine capability
Evaluate the predetermined MOH rate per machine hr - Smith paints allocates overhead based on machine hours.
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