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E1-1, page 14<br>(Characteristics of not-for-profit and governmental entities)<br>The mayor of a large city approaches a group of citizens and suggests that they form an organization to provide social, educational, and recreational programs for local youth. The group agrees and forms an entity called the Community Youth Organization (CYO). The group also chooses a board of directors, and the board hires an executive director and several staff members. CYO’s activities are financed entirely by grants from the city, and many of CYO’s programs are held after school hours in the high school. Is the CYO a not-for-profit or a government organization? Why? What changes in characteristics would be needed to change it from one type of entity to the other?<br>
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ACG 2551 Enthusiastic Study / snaptutorial.com ACG 2551 Week 1 Individual Work For more classes visit www.snaptutorial.com E1-1, page 14 (Characteristics of not-for-profit and governmental entities) The mayor of a large city approaches a group of citizens and suggests that they form an organization to provide social, educational, and recreational programs for local youth. The group agrees and forms an entity called the Community Youth Organization (CYO).
ACG 2551 Enthusiastic Study / snaptutorial.com ACG 2551 Week 2 Individual Work For more classes visit www.snaptutorial.com P2-2 (Identification of activities with funds and identifying funds with the appropriate measurement focus and basis of accounting)
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