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Q: Do profit come to an organization when it responsibilities have been meet or must an organization make profit before it can meet it responsibilities.?
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Do profit comes to an organization when its responsibilities have be met or must an organization makes a profit before it can meet its responsibilities?

Profit come to anorganisation when its responsibilities had been metbeacause profit is the last or remaining proceeds after all cost and its subsidiaries had been met.The responsibilities of any organisation is to meet its basic operational needs,pay the staff,pay tax etc,Therefore an organisation must first devote it energy on meeting its responsibilities then profit come if those responsibilities had been met effective and efficiently.


Where can you do communtiy service at?

If you have been court ordered to perform community service, the restriction on places is set forth by the court. Sometimes it is any non-profit, sometimes it is restricted geographically or by the type of organization. If you are unsure, have your probation officer or court supervisor approve your preferred location before doing the service. If you are doing it for other reasons, almost any non-profit organization is happy to take volunteers.


How could net profit be greater than gross profit?

It is impossible for net profit to be greater than gross profit. Gross profit is the income made before any expenses. Net profit is less once all expenses have been deducted.


What is a nonprofit organization?

AnswerA non-profit organization is one that, by law, is unable to hold or distribute profits like a "for-profit" organization can. This means that the non-profit company is required by law to redistribute any "profits" back into the company (in the form of salaries, new capital, etc), or to other non-profits or to charity. This also means that non-profit companies do not have the ability to issue or sell stock/shares and, therefore, cannot pay dividends on any earnings.Furthermore, non-profit companies may be required to have an unpaid (volunteer) board of directors with a larger number of directors than a business corporation.Although some non-profits may run very similar to some for-profit companies, the laws restricting the two are very different.Non-Profit Organizations are mainly those which is set up for philanthropic purposes. Social Organizations that collects money and utilize for some social work, is one example, but there are thousands of others.It should also be noted that a non-profit organization is not necessarily "tax-exempt" and may have to pay income taxes and collect sales taxes on its products and services.AddendumNote that a Non Profit Organization should not be confused with a Non Governmental Organization.


What is the abbreviation of the word responsibilities?

There has not been an abbreviation for responsibilities.


I have been asked to be on the board of a non-profit 501-C3 organization. Do I or the organization need liability insurance to protect the board members?

It is always a good idea to carry liability insurance to insulate yourself from any legal actioon.


How long has Clean Up Australia been operating for?

Clean Up Australia has been operating since 1989 and is a not-for-profit environmental conservation organization in Australia. It was originally founded by Ian Kiernan and Kim McKay.


What is the difference between gop and ebitda?

The GOP (Gross Operating Profit) is the profit left after operational costs have been deducted. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is the amount of profit with those items in its acronym added back into it.


What services are offered at the WSPCA?

The WSPCA (Washington State Police Canine Association) is a non profit organization that has a goal to advance law enforcement. They have been in existence for nearly 30 years.


What is a profit?

A profit is the money that remains after all the costs have been paid.


What is dollar profit?

Whole dollar profit is the amount of profit that has been rounded off to the nearest dollar. A profit is any type of financial gain that occurs after expenses have been deducted from the amount earned.


What is whole dollar profit?

Whole dollar profit is the amount of profit that has been rounded off to the nearest dollar. A profit is any type of financial gain that occurs after expenses have been deducted from the amount earned.