Which of the Following Characteristics Distinguishes a Government or Not-For-Profit

question 42

Multiple Choice

Which of the following characteristics distinguishes a government or not-for-profit entity from a business?

• A)There is always a direct link between revenues generated and expenditures/expenses incurred.
• B)Capital assets are used to produce revenues and save costs.
• C)Revenues are always indicative of demand for goods and services.
• D)The mission of the entity will determine the goods or services provided.