All of the following are characteristics of not-for-profit, Ask an Expert

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All of the following are characteristics of not-for-profit organizations (NPOs) that distinguish them from business organizations except

A) Contributions by resource providers who do not expect a return on investment.

B) Ability to impose taxes on citizens.

C) Operating purposes other than to earn a profit.

D) Absence of ownership interests.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M953065

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