A Primary Characteristic That Distinguishes Not-For-Profit Entities from Business Entities

question 9

Multiple Choice

A primary characteristic that distinguishes not-for-profit entities from business entities is

• A)The need to generate revenues equal to or in excess of expenditures/expenses.
• B)The importance of the budget in the governing process.
• C)The need to provide goods or services.
• D)The correlation between revenues generated and demand for goods or services.

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Definitions:

Conflict Resolution

A way of resolving disputes or disagreements between parties using peaceful and constructive problem-solving techniques.

Group Process

The dynamics and interactions that occur within a group as it works towards achieving its objectives.

Personal Commitment

An individual's dedication or pledge to themselves or others to achieve specific goals or uphold certain values or principles.

Minimum Number

The smallest amount or count allowed or required under specific conditions.