Service Efforts and Accomplishments Reporting is limited to financial measures such as revenues and expenses.

Question

Quizplus · Accepted Answer

Government and not-for-profit effectiveness cannot be expressed solely in financial terms. Effectiveness in nonbusiness organizations must be measured in terms of the quality of the service provided or the extent to which an organization fulfills its mission. For this reason, many governments and not-for-profits report nonfinancial information in addition to their financial statements. The framework for combining this information is termed Service and Accomplishments reporting.

Service Efforts and Accomplishments Reporting Is Limited to Financial Measures