The traditional business model of accounting is inadequate for governments and not-for-profit organizations primarily because businesses differ from governments and not-for-profit organizations in that
A. They have different missions
B. They have fewer assets
C. Their assets are intangible
D. Taxes are a major expenditure of businesses
Answer:A
The traditional business model of accounting is inadequate for governments and not-for-profit organizations primarily because businesses differ from governments and not-for-profit organizations in that
A. They have different missions B. They have fewer assets C. Their assets are intangible D. Taxes are a major expenditure of businesses