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What are the financial management issues public service organizations face that differ from those faced by for-profit institutions? What issues do both organizations face?

Public Service Organization

I need your help answering the following questions at least 100 words per answers.

1-What are the financial management issues public service organizations face that differ from those faced by for-profit institutions? What issues do both organizations face?

2-Why is it important for all public service organization staff members, not just the financial experts, to understand financial management?

3-Is it appropriate for public service organizations to earn a profit? Explain your answer.

Solution:

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