In Many Nonprofit Situations,the Consumer Is Not Charged a Tangible

question 164

Multiple Choice

In many nonprofit situations,the consumer is not charged a tangible price yet must absorb time costs,embarrassment costs,or effort costs.These costs are called the organization's:

• A) liquidity fees
• B) financial costs
• C) fiscal prices
• D) nonfinancial prices
• E) retained earnings

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Definitions:

Humus

The organic component of soil, formed by the decomposition of leaves and other plant material by soil microorganisms.

Silt

Fine granular material often found on riverbeds, composed of rock and mineral particles.

Clay

A fine-grained natural soil material containing clay minerals, used in ceramics and as a building material due to its plasticity when wet.

Sand

A granular material composed of finely divided rock and mineral particles, typically found on beaches, deserts, and riverbeds.