Blog

A nonprofit organization may have funds that are restricted for a particular use. Who can make these restrictions?

Nonprofits are not allowed to borrow money like for-profit businesses are.

A nonprofit organization is never allowed to earn profits. 

Both for-profit and nonprofit businesses are required to include a Statement of Cash Flows in their annual reports.

Nonprofits should record depreciation on fixed assets such as vehicles and furniture.

The FASB requires nonprofit organizations to report expenses organized by function and nature either in a Statement of Functional Expenses or in the notes to the financial statements. 

The point of the gray area in a plot (such as in Hw6 figure 1) is to:

If this Series is stored in variable s, then sum(s) tells us:

The responsibilities of the European Central Bank include

What is the solution to the set of system of equations?  y=x+1 x+2y=8