Which of the Following Is True of Nonprofit Organizations

question 12

Multiple Choice

Which of the following is true of nonprofit organizations?

• A) The cost of government (i.e.,taxes)has become a big item in the American family budget but remains less than health care.
• B) Together,federal,state,and local governments collect tax revenues that amount to almost half of the U.S.GDP.
• C) Nonprofit organizations do not include private museums,theaters,schools,and churches.
• D) Nonprofit services vary greatly from producer to producer and from day to day,even from the same producer.

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Definitions:

Financial Costs

The direct monetary expenses incurred by a company in producing, maintaining, and selling a product or service.

Transactional Functions

Activities involved in the buying and selling process that facilitate the exchange of goods and services between buyers and sellers.

Sorting

The process of organizing items into categories or groups according to specific criteria, often used in inventory and distribution management.

Transporting

The process of moving goods or materials from one location to another, crucial for supply chain and distribution operations.