What are grants and contracts in a non-profit o... - SS2 Accounting Account of Non-Profit Making Organization: Introduction Question
What are grants and contracts in a non-profit organization?
A
Funds donated by individuals and corporations
B
Restricted funds for a specific purpose or program
C
Expenses directly related to the organization's mission and purpose
D
Expenses not directly related to the organization's mission and purpose
correct option: b
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