Not-for-profit entities as established by fasb


Which of the following is NOT an objective of financial reporting for not-for-profit entities as established by FASB? Financial reporting should provide information that is useful to present and potential resource providers and other users in:

a) Making rational decisions about the allocation of resources to those organizations.

b) Assessing the services provided and the entity's ability to continue to provide those services.

c) Assessing the types of services provided and the need for those services.

a) Assessing how managers have discharged their stewardship responsibilities.

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Accounting Basics: Not-for-profit entities as established by fasb
Reference No:- TGS092775

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