0
What is the difference between financial and not for profit financial institution?
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the difference between profit and profability?
Profit is the financial gain, after the money spent is earned back. Profitability is the ability something has to make a profit.
Difference between not for profit and non profit?
No difference.
Distinquish between savings and financial surplus?
This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure
How do credit unions differ from banks?
Large banks are for-profit financial institutions whereas a credit union is usually a non-profit financial institution that operates solely on the assets of its members.
What is the difference between for profit and non profit stakeholders?
Profit stakeholders have a financial interest in the company doing well, such as a vendor. A nonprofit stakeholder simply wants the company to do well, such as the community in which the company resides.
Should a Charitable institution seek profit?
A Charitable institution needs to be able to fund its operations in the face of variable income and occasional hard times. To do that it needs to accumulate a financial reserve and that requires taking in a bit more than it sends out. It may not be called a "profit" but it performs the same function in the financial life of the institution. The primary difference between this and a truly for profit institution is that besides salaries no individual or group of shareholders owns that extra and it stays under the control of the management.
What is the difference between profit and profability?
Profit is the financial gain, after the money spent is earned back. Profitability is the ability something has to make a profit.
What is difference between non profit and not for profit?
There is no difference.
Difference between not for profit and non profit?
No difference.
Distinquish between savings and financial surplus?
This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure
How do credit unions differ from banks?
Large banks are for-profit financial institutions whereas a credit union is usually a non-profit financial institution that operates solely on the assets of its members.
What is the difference between non profit hospitals and for profit hospitals?
What is difference between trust run and for-profit hospitals
What is the difference between for profit and non profit stakeholders?
Profit stakeholders have a financial interest in the company doing well, such as a vendor. A nonprofit stakeholder simply wants the company to do well, such as the community in which the company resides.
May I please have an explanation of financial forecasting?
A financial forecaster is a person whose job it is to forecast the financial future of company, country or other institution. This person uses prior financial data to determine probable financial outcome. Financial forecasting is used to estimate whether or not the institution will profit financially.
What is the difference between not-profit and non-profit?
No difference. They mean the same thing.
What is the difference between not-for-profit and non-profit?
No difference. They mean the same thing.
What is the Difference between government accounting and financial accounting?
The biggest difference is that government account is non-profit and based on funds....also called fund accounting. They do not have profits. Financial accounting tracks income and have or hope to have a profits.
