Which of the Following Is NOT a Strategy for Nonprofit

question 17

Multiple Choice

Which of the following is NOT a strategy for nonprofit organizations?

• A)identifying the customers they want to target
• B)specifying objectives
• C)deciding on prices to charge
• D)making profits for the employees

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Definitions:

Hyper-Inflationary

Refers to an economic situation characterized by extremely high and typically accelerating inflation rates, leading to a rapid erosion of the currency's value.

IAS 29

An International Accounting Standard that deals with financial reporting in hyperinflationary economies, requiring financial statements to be adjusted for changes in purchasing power.

Financial Reporting

The method of generating reports that reveal the financial condition of a company to its management, investors, and governmental bodies.

Foreign Subsidiary

A company that is owned or controlled by another company but is located and operates in a country other than the one where the parent company resides.