What Is an Underlying Goal of Most NGOs

question 26

Multiple Choice

What is an underlying goal of most NGOs?

• A)Collective national security
• B)Individual national security
• C)Promotion of a global civil society
• D)Intelligence collection
• E)Commercial and economic inroads

Comprehend the impact of budgeting on organizational planning and control.

Understand the importance of flexibility and adaptive planning in budgeting.

Learn the sequence in which different component budgets are prepared.

Identify methods to motivate employees through budgeting.

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Definitions:

Discounted Note

A debt instrument sold for less than its face value that will pay the face value at maturity.

Proceeds

Maturity value less bank discount.

Contingent Liability

Liability on the part of one who discounts a note if the maker of the note defaults at maturity date.

Discounted Note

A debt instrument that is sold or issued for less than its face value.