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goji.go goji.go
wrote...
Posts: 5977
9 years ago
According to the Financial Accounting Standards Board, the distinguishing characteristics of not-for-profit organizations (NFPOs) do not include which of the following?
      a.   NFPOs can issue debt on which the interest is exempt from federal taxation
      b.   NFPOs receive significant contributions from resource providers who do not receive proportionate value in return
      c.   NFPOs operate for purposes other than to provide goods and/or services at a profit
      d.   NFPOs do not have defined ownership interests that can be sold or transferred
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3 Replies
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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