Historically, What Was the Pattern of Reporting of Not-For-Profit Organizations

question 58

Multiple Choice

Historically, what was the pattern of reporting of not-for-profit organizations?
(1) Patterned after for-profit accounting
(2) Emphasis on separate fund types
(3) Disregard for the entire entity

• A) 1 only.
• B) 2 only.
• C) 1 and 2 only.
• D) 1, 2 and 3.
• E) 2 and 3 only.

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Definitions:

Equal Protection Clause

Part of the Fourteenth Amendment to the U.S. Constitution, requiring states to provide equal protection under the law to all persons.

Fourth Amendment

An amendment to the U.S. Constitution that protects citizens from unreasonable searches and seizures, requiring warrants to be judicially sanctioned and supported by probable cause.

First Amendment

An amendment to the U.S. Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition.

Duality

The existence of two parts or aspects of something that are either complementary or in opposition to each other.