Which of the Following Is NOT Considered an Organization

question 68

Multiple Choice

Which of the following is NOT considered an organization?

• A)church
• B)university
• C)military unit
• D)all 45-year-old adults in a community
• E)municipal,provincial and federal government agencies

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Definitions:

Beginning Capital Balance

The amount of capital recorded in a company's accounts at the start of a financial period.

Personal Use

The employment of an asset or resource for individual rather than business or commercial purposes.

Division of Income

The method by which a company's profit is distributed among its various stakeholders, including shareholders, employees, and sometimes the government in the form of taxes.

General Partnership

A type of partnership where all partners share equally in both the management responsibilities and the liabilities of the business.