menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 1: Accounting As a Form of Communication
  5. Question
    Since There Is a Lack of a Profit Motive in Nonbusiness
Solved

Since There Is a Lack of a Profit Motive in Nonbusiness

Question 190

Question 190

True/False

Since there is a lack of a profit motive in nonbusiness entities,they do not need information provided by an accounting system.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q185: United Airlines is an example of<br>A)producer.<br>B)supplier.<br>C)retailer.<br>D)service company.

Q186: Tentco reported the following amounts in

Q187: From an ethical standpoint,if various alternatives are

Q188: Which of the following best describes the

Q189: Canyon Corporation<br>The accountant for Canyon Corporation

Q191: Leary Corporation's end-of-year balance sheet consisted

Q192: List the names of three companies with

Q193: Which of the following statements is true

Q194: Canyon Corporation<br>The accountant for Canyon Corporation

Q195: Sawaddee Enterprises began the year with total

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines