Why Would a Government Be More Likely Than a Not-For-Profit

Multiple Choice

Why would a government be more likely than a not-for-profit organization to integrate its budget into its accounting system?

A) Because the amount of expenditures is likely to be greater.
B) Because the penalties for exceeding budgeted expenditures are more severe.
C) Because governments have more sophisticated accounting systems than not-for-profit organizations.
D) Governments are NOT more likely than not-for-profits to formally integrate their budget into their accounting system.