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BSHS 373 Week 3 Individual Assignment Accounting Short-Answer Questions

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Resource: Financial Management for Human Service Administrators
Write 200- to 300-word responses to the following questions:

· What are the major accounting differences between nonprofit and for-profit organizations?
· Why are audits becoming increasingly important in the nonprofit sector? Cite at least three reasons.

Complete Exercises 4.1–4.3 in Ch. 4 of Financial Management for Human Service Administrators.

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