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Nonprofit organizations exist to pursue the missions that address the needs of the society. Nonprofit organizations serve in a variety of sectors, such as religious, education, health, social services, commerce, amateur sports clubs, and the arts.

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Q: What is meant by non profit accounting?
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What is meant by the phrase 'accounting profit'?

Profit that is made by superb accounting. By using the accounting trade, money is saved that would have been lost without it. However I am supposed to reach 150 characters.


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What is the Difference between government accounting and financial accounting?

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