Which of the Following Characteristics of Not-For-Profit Organizations (NFPs)can Be

question 33

Multiple Choice

Which of the following characteristics of not-for-profit organizations (NFPs) can be used to distinguish a nongovernmental from a governmental NFP?

• A) Contributions by resource providers who do not expect a return on investment.
• B) Ability to impose taxes on citizens.
• C) Absence of ownership interests.
• D) All of the above characteristics are generally different for nongovernmental versus governmental NFPs.

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Definitions:

Date Of Payment

The specific day on which a payment is due to be made or actually made.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Stockholders

Individuals or entities that own shares in a corporation, granting them ownership interests and possibly voting rights in the company.

Issue Price Over Par

A scenario where the sale price of a security is higher than its nominal or face value at the time of issuance.