Historically, What Pattern of Reporting Was Used by Private Not-For-Profit

question 61

Multiple Choice

Historically, what pattern of reporting was used by private not-for-profit entities?The same as used with respect to for-profit entities.Reporting that utilizes a fund accounting approach.A pattern of reporting that does not consider the entire entity.

• A) 1 only.
• B) 2 only.
• C) 1 and 2 only.
• D) 1, 2 and 3.
• E) 2 and 3 only.

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