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Melissa is the Executive Director of a local food bank and is assessing the financial situation of her not-for-profit organization. Melissa uses a(n) _____ to determine whether revenues from contributions
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Melissa is the Executive Director of a local food bank and is assessing the financial situation of her not-for-profit organization. Melissa uses a(n) _____ to determine whether revenues from contributions and other sources will cover operating costs.a. Statement of cash flows

b. Income statement
c. Balance sheet
d. Accrual accounting

User Ray Burgemeestre
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7 votes

Answer:Option B

Step-by-step explanation:

Income statement is used to access the Financial performance of all organizations which makes it the most suitable answer for the question.

User Splendid
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