Accounting Is NOT Important for Nonprofit Organizations Since Financial Data

question 106

True/False

Accounting is NOT important for nonprofit organizations since financial data is not critical to their success.

---

Definitions:

Day Hospital

A medical facility offering outpatient care and treatment during daytime hours, allowing patients to return home at night.

Sheltered Workshop

A supervised workplace designed specially for people with physical or mental disabilities, aimed at providing a protective and supportive environment for vocational training and employment.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior. Through operant conditioning, an association is made between a behavior and a consequence for that behavior.

Token Economy

A reinforcement strategy in behavior therapy, where desirable behaviors are rewarded with tokens that can be exchanged for privileges or desired items.