Which of the Following Is Not a Distinguishing Characteristic of a Private

question 111

Multiple Choice

Which of the following is not a distinguishing characteristic of a private not-for-profit organization according to FASB Statement No.16,Appendix D?

• A) Operating purposes other than to provide goods or services at a profit.
• B) Absence of ownership interests like those of business enterprises.
• C) Contributions of significant amounts of resources from resources providers who do not expect commensurate or proportionate pecuniary return.
• D) Upon dissolution of the organization, remaining assets are to be distributed to the original contributors.

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Definitions:

Modern Racism

Subtle forms of prejudice that coexist with the rejection of racist beliefs.

Prejudice

Negative feelings, opinions, and beliefs associated with a stereotype.

Fundamental Attribution Error

A common cognitive bias where an individual tends to attribute others' behaviors to their character or personality while underestimating situational factors.

Actor/Observer Bias

The tendency to attribute one's own actions to external causes while attributing others' actions to their personality.