Not-For-Profit Entities

question 134

Multiple Choice

Not-for-profit entities

• A) do not use responsibility accounting.
• B) utilize responsibility accounting in trying to maximize net income.
• C) utilize responsibility accounting in trying to minimize the cost of providing services.
• D) have only noncontrollable costs.

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Definitions:

Attendance Agreement

A commitment or pact among parties to be present at designated times and places, often used within educational or therapeutic settings to ensure participation.

Humanistic Philosophy

A psychological perspective that emphasizes the study of the whole person, and the uniqueness of each individual, focusing on their potential for personal growth and self-improvement.

Collaborative Philosophy

An approach that emphasizes working together, often in a learning or problem-solving context, to achieve common goals.

Motivational Interviewing

A counseling approach that involves enhancing a person's motivation to change by exploring and resolving ambivalence.