Most Nonprofits Obtain Revenue From

question 24

Multiple Choice

Most nonprofits obtain revenue from:

• A) multiple sources.
• B) government contracts only.
• C) the sale of products and services.
• D) corporate sponsors only.

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Definitions:

Clinical Trials

Clinical trials are research studies performed in humans to evaluate the efficacy and safety of new medical treatments or interventions.

Terminal Value

The estimated value of a business or investment at the end of a specified period, often used in discounted cash flow analysis.

Market Potential

An estimate of the maximum total sales of a product or service by all suppliers in a market during a specific time period, under certain conditions.

FDA Approval

FDA Approval is the authorization granted by the U.S. Food and Drug Administration for a drug, medical device, or food product to be marketed or sold after meeting safety and efficacy standards.