Which of the Following Is NOT a Required Characteristic of a Private

question 15

Multiple Choice

Which of the following is NOT a required characteristic of a private not-for-profit organization per the definition given by the AICPA?

• A) no owners or shareholders
• B) an operating purpose other than making a profit
• C) an organization dedicated to service of the public good
• D) Significant contributions from providers who do not expect reciprocal goods or services in return

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Definitions:

Typefaces

The designs of a set of characters including letters, numbers, and symbols that share a common style.

Visually Appealing

Attractive or pleasing to look at, often through the use of colors, layout, and images.

Electronic Media

Forms of media that operate on electronic or digital equipment, including radio, television, and the internet.

Professional

Exhibiting qualities that are considered characteristic of a competent and dedicated individual in a professional setting.