Which of the Following Statements About the Non-Profit Sector Is

question 100

Multiple Choice

Which of the following statements about the non-profit sector is NOT true?

• A)a significant portion of donations tend to be used to cover administrative expenses
• B)by-products of an inefficient non-profit organization are economic and social in nature
• C)the non-profit sector in Canada is often limited to social and religious causes
• D)effective sales programs can increase the probability of a non-profit attaining its goals
• E)most people in nonprofit organizations don't realize they are running a business

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Definitions:

Market Interest Rate

The market interest rate is the prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend in the financial markets.

Contract Rate

The agreed-upon rate for interest or currency exchange in a financial contract between parties.

Market Rate

The prevailing interest rate available in the marketplace for loans or deposits of a specific maturity.

Contractual Interest Rate

The interest rate specified in a loan agreement or bond indenture.