Which of the following statements is true of nonprofit organizations?
A) They are usually in the business of financial gains.
B) They employ people and take in revenue.
C) They do not produce goods and services.
D) They are not business-like establishments.

Question

Quizplus · Accepted Answer

Nonprofit organizations employ people and generate revenue, but their primary goal is not financial gain; instead, they aim to further a social cause or provide a public benefit.

Which of the Following Statements Is True of Nonprofit Organizations