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Not-for-profit organisations

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Not-for-profit organisations

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • September 14, 2020 at 1:56 pm #585549
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    Which of the following statements regarding measurement of performance in not?for? profit organisations is/are true?

    Output does not usually have a market value, and it is therefore more difficult to measure effectiveness.

    sir why is the above statement false? It is not of the statements mentioned among answers.

    September 14, 2020 at 3:11 pm #585565
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54812
    • ☆☆☆☆☆

    Effectiveness is not normally measured in monetary terms, therefore the fact that it does not usually have a market value does not make it any harder to measure.

    I give plenty of examples of effectiveness measures in my free lectures.

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