Author Question: If a non-profit organization takes in more money than it spends: A. It immediately loses its ... (Read 214 times)

shenderson6

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If a non-profit organization takes in more money than it spends:
 
  A. It immediately loses its non-profit status.
  B. It can claim the surplus as a tax deduction.
  C. It may be allowed to use the surplus to expand its services or retain some as reserves to weather future economic downturns.
  D. It can distribute the surplus to its major donors.

Question 2

What statement is most accurate about who is the prime beneficiary of a school or college of social work?
 
  A. It is the agencies and organizations that hire its graduates.
   B. It is its present and future clients.
   C. It is its students.
   D. Several different groups may have a legitimate claim to being a prime beneficiary.



djofnc

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Answer to Question 1

C

Answer to Question 2

D



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