• Evaluate the economic and financial principles involved in managing a professional and non-profit sport business organization. 1. Discuss the types of revenue/ income sources of an identified sport business entity. 2. Identify the accounting principles used by the business entity identified to monitor its financial health and make recommendations for the improvement in accounting for revenue and expenditure management.

• Evaluate the economic and financial principles involved in managing a professional and non-profit sport business organization. 1. Discuss the types of revenue/ income sources of an identified sport business entity. 2. Identify the accounting principles used by the business entity identified to monitor its financial health and make recommendations for the improvement in accounting for revenue and expenditure management.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter1: Role Of Accounting In Society

Section: Chapter Questions

Problem 7Q: Use the internet to research one for-profit, one governmental, and one not-for-profit entity. For...

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Objectives:

• Evaluate the economic and financial principles involved in managing a professional and non-profit sport business organization.

1. Discuss the types of revenue/ income sources of an identified sport business entity.

2. Identify the accounting principles used by the business entity identified to monitor its financial health and make recommendations for the improvement in accounting for revenue and expenditure management.

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