Which of the Following Is an Example of a Nonprofit

question 92

Multiple Choice

Which of the following is an example of a nonprofit organization?

• A)The Humane Society
• B)American Medical Association
• C)The Democratic party
• D)State Farm Insurance
• E)Teamsters Union

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Definitions:

Credited

A bookkeeping record that augments liabilities or equity, or diminishes an asset or expense.

Assets

Assets are resources owned by a business or individual that have economic value and can be converted into cash or provide future benefits.

Decreased

A reduction in size, number, or amount of something from a previous level.