Financial Aspect Question 3

label Business & Finance
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

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

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Oct 5th, 2015
...
Oct 5th, 2015
Jun 23rd, 2017
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