Which of the following is NOT a characteristic of a not-for-profit organization? A. Unlimited access to capital.

Question:

Which of the following is NOT a characteristic of a not-for-profit organization?

A. Unlimited access to capital.

B. Proceeds from liquidation must be used for a charitable purpose.

C. Exemption from local, state, and federal taxes.

D. Free care for poor citizens.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: