Because of grants,

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter10: Corporate Governance
Section: Chapter Questions
Problem 4MC
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Because of grants, donations and interest from endowed funds, not-for-profit organisations:
Select one alternative:
O are not allowed to use market-based pricing.
O operate at a profit.
O may not expect to recover all their costs from the prices/fees they charge.
must use market-based pricing.
Transcribed Image Text:Because of grants, donations and interest from endowed funds, not-for-profit organisations: Select one alternative: O are not allowed to use market-based pricing. O operate at a profit. O may not expect to recover all their costs from the prices/fees they charge. must use market-based pricing.
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