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Not-For-Profit Organizations Have a Duty to Generate Revenue and Use

question 7

Multiple Choice

Not-for-profit organizations have a duty to generate revenue and use that revenue for community benefit. The basis for this duty is in _____.


Definitions:

Toddler

A young child who has recently learned to walk, typically aged between one and three years old.

Middle School

An educational institution for children typically in grades 6-8, acting as a transition from elementary to high school education.

Poverty

A condition where individuals or communities lack the financial resources and essentials for a minimum standard of living.

SES Families

Families categorized by their Socioeconomic Status (SES), which often combines factors such as income, education level, and occupation.

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