Financial Aspect Question 3

Business & Finance
Tutor: None Selected Time limit: 1 Day

Why are financial measurements not wholly adequate for performance measurement of a nonprofit organization?

Oct 5th, 2015

Thank you for the opportunity to help you with your question!

Because they are NON-PROFIT (not for profit) organizations. The aim to set up such  organizations is not to make profit but to to work for a social, environmental cause. Their performance must be measured basis the positive desired impact they have bought in their area of operation.

Please let me know if you need any clarification. I'm always happy to answer your questions. Kindly best this answer if it has helped you.
Oct 5th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Oct 5th, 2015
...
Oct 5th, 2015
Dec 6th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer