What Are the Advantages of Flexibility

question 59

Essay

What are the advantages of flexibility?

---

Definitions:

Statement of Activities

A financial report primarily used by non-profit organizations, detailing revenues earned and expenses incurred over a specific period.

Operating Grants

Funds provided by governments or other entities to support the operating expenses of a non-profit or other organizations, typically not requiring repayment.

Capital Contributions

Capital contributions are the funds or assets that owners or shareholders provide to a company or partnership to increase its capital base.

Primary Government

The central authority within a governmental structure, responsible for overarching governance and policy-making.