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Accounting is needed for ___ organizations as well as for-profit seeking firms.

a) Non-profit
b) Government
c) Educational
d) Charity

User BenG
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1 Answer

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Final answer:

Non-profit organizations are business entities that are not focused on making a profit. They are set up for charitable, religious, or educational purposes and include organizations such as welfare groups, churches, hospitals, schools, museums, civic organizations, veterans organizations, and social clubs.

Step-by-step explanation:

A Non-Profit Organization is a business entity whose primary mission is not making a profit. Instead, non-profit organizations are generally set up for providing charitable, religious, or educational purposes. Examples of non-profit organizations include welfare groups, churches, hospitals, schools, museums, civic organizations, veterans organizations, and social clubs.

User Sahil Dhankhar
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