Which of the Following Is not a Characteristic That

question 87

Multiple Choice

Which of the following is not a characteristic that distinguishes a private not-for-profit organization from a business?

• A) Contributions are from resource providers without an expectation of receiving equivalent value in return.
• B) Financial statements are intended primarily for use by donors.
• C) The organization's revenues exceed expenses.
• D) Absence of ownership interests.

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Definitions:

Traditions

Customs or beliefs that are passed down within a culture, family, or organization over generations, often holding historical or sentimental value.

Minority Cultures

Cultures represented by smaller segments of the population often distinguished by language, religion, racial, or ethnicity differences, and sometimes subject to differential treatment or discrimination.

Diversity

The inclusion and representation of different groups of people, including those of various races, ethnicities, genders, sexual orientations, abilities, and backgrounds.

Practices

refer to the repeated actions or activities engaged in by individuals or groups, often to maintain, improve, or express competence in a particular field or to follow traditions.