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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Listed below are some identifying characteristics of organizations. Indicate with a check mark (Y) in the appropriate column(s) those characteristics that apply to each type of organization. (Hint: Some characteristics may apply to more than one type of organization).
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|
Characteristics of Organizations |
Type of Organization |
||
|
Business |
Not-for- Profit |
Government |
|
|
Has a need for accounting |
 |  |  |
|
Operates according to a legal budget |
 |  |  |
|
Has equity shareholders |
 |  |  |
|
Receives voluntary contributions |
 |  |  |
|
Levies and enforces collection of taxes |
 |  |  |
|
Revenues are based on exchange transactions |
 |  |  |
|
Follows fund accounting |
 |  |  |
|
Is exempt from federal income taxes |
 |  |  |
|
Financial reporting focuses on entity as a whole |
|||
TYP-----------e o-----------f O-----------rga-----------niz-----------ati-----------on -----------Cha-----------rac-----------ter-----------ist-----------ics----------- of----------- Or-----------gan-----------iza-----------tio-----------ns -----------Bus-----------ine-----------ss -----------Not------------fo-----------r- -----------Pro-----------fit----------- Go-----------ver-----------nme-----------nt -----------Has----------- a -----------nee-----------d f-----------or -----------acc-----------oun-----------tin-----------g Y----------- Y -----------Y O-----------per-----------ate-----------s a-----------cco-----------rdi-----------ng -----------to -----------a l-----------ega-----------l