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

question 45

Multiple Choice

Which of the following is not a required characteristic of a private not-for-profit organization per the definition given by the AICPA?

• A)​no owners or shareholders
• B)​an operating purpose other than making a profit
• C)​an organization dedicated to service of the public good
• D)​Significant contributions from providers who do not expect reciprocal goods or services in return

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Definitions:

Perceived Biological Differences

The subjective interpretation or belief in the existence of distinct biological distinctions between various groups, such as between genders or races.

Race

A socially defined category based on real or perceived biological differences between groups of people.

Institutional Discrimination

Discrimination carried out systematically by institutions (political, economic, educational, and others) that affects all members of a group who come into contact with it.

Jim Crow Laws

Racial segregation laws enacted in the Southern United States after the Reconstruction period, lasting until the mid-20th century, that enforced discrimination against African Americans.