The Two Broad Groups That Non-Profit Organizations Serve Are Clients

question 19

Multiple Choice

The two broad groups that non-profit organizations serve are clients and ________.

• A)audiences
• B)customers
• C)donors
• D)beneficiaries

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Definitions:

Cash Flow Statement

A report summarizing the total cash entering a company from operational activities and external investments, alongside the total cash spent on business operations and investments within a specific timeframe.

Productive Asset

An asset used in the operations of a business that contributes to its ability to generate revenue, such as machinery, buildings, and equipment.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use.

Selling Price

The amount of money for which a product or service is offered for sale to customers.