MCQs > Finance & Management > Accounting Knowledge > The difference in payroll accounting for nonprofit versus for profit institutions is best explained by which of the following? (check all that apply)

Accounting Knowledge MCQs

The difference in payroll accounting for nonprofit versus for profit institutions is best explained by which of the following? (check all that apply)

 

Answer

Correct Answer: Payroll taxes aren’t considered to be liabilities for nonprofit institutions.

Explanation:

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