Which of the following least likely distinguishes nonprofits from for-profit corporations? a) Profit generation. b) Tax payments. c) Number of shareholders and dividend payments.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter1: Role Of Accounting In Society
Section: Chapter Questions
Problem 9MC: A governmental agency can best be described by which of the following statements? A. has a primary...
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Which of the following least likely distinguishes nonprofits from for-profit
corporations? a) Profit generation. b) Tax payments. c) Number of shareholders
and dividend payments.
Transcribed Image Text:Which of the following least likely distinguishes nonprofits from for-profit corporations? a) Profit generation. b) Tax payments. c) Number of shareholders and dividend payments.
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