What resources does an organization own? What debts are owed? How much income is earned? Are expenses reasonable for the level of sales? Are customers' accounts being promptly collected?
There are various legal types of organizations such as corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charitable organizations, non-profit organizations, partnerships, cooperatives, and educational institutions.
Volunteer organizations are organizations made up of volunteers. Such organizations may operate without legal process, depending on the jurisdiction, including informal clubs and coordinating bodies. Remember, every action an organization takes, legal or illegal, reflects the goals at heart.
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