Which of the following statements is true of nonprofit organizations?

Question

Quizplus · Accepted Answer

Nonprofit organizations do not seek to make a profit for redistribution to owners or shareholders, nor do they have a financial bottom line that simplifies decision-making processes for nonprofit managers. Instead, their focus is on generating enough funds to cover the organization's expenses and achieve their mission or purpose. While they may measure success and failure in financial terms, there are often other metrics used to evaluate their impact, such as social or environmental outcomes.

Which of the Following Statements Is True of Nonprofit Organizations