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What major external business force to a significant extent determines what acceptable business practices are for the organization?
Not-For-Profit Entity
An organization that operates for purposes other than making a profit, often focused on charitable, educational, cultural, or social objectives.
Donated Funds
Financial or asset contributions given to organizations or individuals without the expectation of direct return or benefit.
Statement of Functional Expenses
A detailed financial report showing how a nonprofit organization's expenses are allocated across its various functions, such as programs, administrative, and fundraising.
Notes to Financial Statements
Explanatory and supplementary information attached to the financial statements of a company, detailing the basis for figures and providing additional insights.
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