WEEK ONE DISCUSSION QUESTIONS
keryda
WEEKONEDISCUSSIONQUESTIONS.docxWEEK ONE DISCUSSION QUESTIONS
1., please identify some differences between business organizations and government/not-for-profit organizations. Your posting may reference key differences such as budget formation, the importance of the budget, revenue sources, and a government's goals, missions, and objectives.
2. How do expenses and expenditures differ? Please explore the terminology and apply the differences under the full accrual vs. the modified accrual basis of accounting.
ANSWER EACH QUESTION IN 200 OR MORE WORDS.
USE CITATIONS AND REFERENCES
