First, consider some basic background information concerning the differences between not-for-profit organizations and investor-owned firms. What are a not-for-profit business's sources of fund capital?
Sandra McCloud, a finance major in her last term of college, is currently scheduling her placement interviews through the university's career resource center. Her list of companies is typical of most finance majors: several commercial banks, a few industrial firms, and one brokerage house. However, she noticed that a representative of a not-for-profit hospital is scheduling interviews next week, and the position--that of financial analyst--appears to be exactly what Sandra has in mind. Sandra wants to sign up for an interview, but she is concerned that she knows nothing about not-for-profit organizations and how they differ from the investor-owned firms that she has learned about in her finance classes. In spite of her worries, Sandra scheduled an appointment with the hospital representative, and she now wants to learn more about not-for-profit businesses before the interview.
To begin the learning process, Sandra drew up the following set of questions. See if you can help her answer them.
The three major sources of fund capital are (1) the excess of revenues over expenses (retentions), (2) charitable contributions, and (3) government grants.
You might also like to view...
In which of the following situations should the mother be transported immediately?
A) Delivery is not imminent and there is about 500 cc of painless, bright red bleeding. B) The infant's arm is the presenting part. C) The mother experiences a severe, tearing sensation in her abdomen during labor and the outline of the fetus can be felt through the abdominal wall. D) All of the above
Caution should be used when evaluating gasses because:
A) gases are expensive. B) gases are not readily available in industry. C) people are complacent when dealing with gases. D) gases not listed as flammable can sometimes ignite under certain conditions.
A(n) ________ check is a payer's check written and signed by the payer; the bank withdraws the money from the payer's account and guarantees that the check will be paid when submitted.
Fill in the blank(s) with the appropriate word(s).
Panoramic radiographs give the dentist a view of:
1 . fractures in bone 2 . sinuses 3 . the entire dentition 4 . TMJ 5 . unerupted teeth a. 1, 2, 3, 4, 5 b. 4 only c. 1, 2, 3 only d. none of the above