Because profit, or the "bottom line," is not the measure of success for not-for-profit organizations, managers of charitable organizations do not have to concern themselves with the financial aspects of their organizations.

Question

Quizplus · Accepted Answer

While profit is not the primary measure of success for not-for-profit organizations, managers of charitable organizations still have a responsibility to manage the financial aspects of their organizations in order to ensure sustainability and effective use of resources.

Because Profit, or the "Bottom Line," Is Not the Measure