Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

17. Training Opportunities for Prison Populations (TOPP) runs a job-training program where persons exiting the prison system learn skills to transition to employment and self-sufficiency.

image text in transcribed

17. Training Opportunities for Prison Populations (TOPP) runs a job-training program where persons exiting the prison system learn skills to transition to employment and self-sufficiency. Here, they learn carpentry skills and the organization sells their work in a retail store. Those involved earn money from the sales, and the organization supports its mission as well. Among the statements below, which ones are true? I. Not-for-profit organizations are exempt from most forms of taxation at the various levels of a country. II. Resource inflows of a not-for-profit organization may come from donations, grants, contracts for service, and the sale of goods and services. III. Most of the resource outflows fund operations and capital improvements. IV. Not-for-profit organizations are NOT allowed to earn profits. A. I. B. I. II. C. I. II. III. D. III. IV E. I. II. III. IV

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Health And Safety Audit An External Audit Perspective

Authors: Abdel Rahman Mansour

1st Edition

6139899648, 978-6139899647

More Books

Students also viewed these Accounting questions