Question 1 Which of the following is not a characteristic of a nonpro (FASB)? fit, as defined by the Financial Accounting Standards Board O Nonprofits do not have defined ownership interests, such as stock that can be sold on a securities exchange Nonprofits can sometimes issue tax-exempt debt O Nonprofits receive significant contributions from resource providers who do not expect to receive benefits in return O Nonprofts operated for a purpose other than to make a proft