Which of the Following Statements Is True of a Nonprofit

question 7

Multiple Choice

Which of the following statements is true of a nonprofit organization?

• A)It makes profits.
• B)It does not pay expenses.
• C)It can earn excess revenue.
• D)It cannot operate like a business.

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Definitions:

Head Office

The primary office or headquarters where the key administrative activities of an organization are conducted.

Outsourcing

Outsourcing involves contracting out certain business processes or functions to external providers, typically to reduce costs or focus on core competencies.

TransCanada

A major North American energy company, known for its pipeline and power generation operations, notably involved in the transportation of natural gas and crude oil.

Preliminary Interviews

Initial discussions or meetings aimed at screening and selecting candidates before more formal interview stages.