Governmental and Non Profit Chapter 2 Questions 1. Certain core services are provided by most general purpose governments – those related to the protection of life and property‚ public works‚ parks and recreation facilities‚ and cultural and social services. Governments must also incur costs for general administrative support of its service departments. Core governmental services‚ together with general administrative support‚ comprise the major part of what GASB refers to as governmental activities
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Chapter 1 The Government and Not-For-Profit Environment TRUE/FALSE (CHAPTER 1) 1. F The main objective of a typical governmental or not-for-profit entity is to earn a profit. 2. TA government’s budget may be backed by the force of law. 3. FGovernmental entities have no need for an accounting system. 4. TA government’s internal managers rely on general purpose financial statements for a considerable amount of information about their government. 5. FGovernments and not-for-profits
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NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have seen overhead spending reduced at considerable detriment to effectiveness and improved resource allocation over time (allocative efficiency). The sector is diverse‚ but NFPs display some common behavioural patterns: – Whereas the behaviour of for-profit business is driven mostly
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integer number of plants: 0‚ 1‚ 2‚.... Building Q plants costs each firm 3.5 × Q dollars. Each plant produces one unit of SOMA. If firm 1 builds Q1 plants and firm 2 builds Q2 plants‚ the market price p for one unit of SOMA will be 9 − (Q1 + Q2). For example‚ if firm 1 builds 2 plants and firm 2 builds 4 plants‚ the market price will be 9 − (2 + 4) = 3 per unit. At this price firm 1 will make a profit of 2 × 3 − 2 × 3.5 = −1 while firm 2 will make a profit of 4×3−4×3.5 = −2. Assume‚ no firm will build
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Chapter 2 Declaration of Independence July 4‚ 1776 2 central themes All men are created equal Gov’t must be based on the govern (citizens) Continental Congress 1st was on May 1776 Had each colony make their own constitution Popular sovereignty was referenced a lot Belief that the gov’t exists to benefit the govern Citizens have the right to change/overthrow the gov’t Created a Republic form of gov’t Representative Citizens elect people to represent them 2nd Established our first
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Corporate Social Responsibility is essentially about doing good and doing well. It generally refers to the process of integrating social values and mission within business decision making‚ to achieve positive and sustainable outcomes towards business‚ environment and the community at large. Concept of CSR includes specific issues Product safety Honesty in advertising Affirmative action Employees rights Affirmative action Environmental sustainability Ethical behavior Difference btw
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Chapter 02 - Principles of Accounting and Financial Reporting for State and Local 11. The accounting system used by a state or local government must make it possible A. To present fairly the financial position and results of financial operations of the government as a whole‚ as well as fund financial activity in conformity with GAAP‚ and to demonstrate compliance with finance-related legal and contractual provisions. 12. Which of the following is not a characteristic of a fund as defined by GASB
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Lisette Negron Chapter 2: Analyzing Managerial Decisions: Interwest healthcare Corp. Instructor: Dr. James Larriviere Saint Leo University 5 July 2015 (1) What are the potential sources of the problem? As a consultant‚ I would evaluate my resources‚ the staff and the means of communication available for Interwest Healthcare Corp. I would highlight to all the administrators that in order to accomplish what needs to be done in order to continue receiving federal aid and provide the maximum
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Chapter 2 Global E-Business: How Businesses Use Information Systems Lecturer: Richard Boateng‚ PhD. • • Lecturer in Information Systems‚ University of Ghana Business School Executive Director‚ PearlRichards Foundation‚ Ghana Email: richard@pearlrichards.org 2.1 © 2010 by Prentice Hall Management Information Systems Chapter 2 Global E-Business: How Businesses Use Information Systems LEARNING OBJECTIVES • Define and describe business processes and their relationship to information
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MHR Required Reading Notes Week #2 _ Chapter 4_P.92-108 Employees behaviors and attitudes reflect more about the company than the employee’s character Job satisfaction affects employees behavior Emotion in the work place Influence everything OB theories assume that thoughts and actions are governed exclusively by “logical thinking” Cognition Attitude‚ decisions and behaviors are affected by both Cognition and Emotions Emotions: Physiological‚ behavioral‚ psychological experience
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