1. True or false..... There are not-for-profit organizations that are neither charities nor a form of government

True

False

2. True or false...... Charities & governments differ from other NFP's due to their ability to raise funds through taxation

True

False

3. True or false...... Governments have a much broader mission than other NFPs

True

False

4. A characteristic of NFPs that separate them from the "for-profit sector" include

service mission scope

no benefical ownership

break-even goal

all of the above

5. True or false...... For the most part, NFP's use completely different accounting procedures versus the "for-profit" sector

True

False