Let's say, Habitat for Humanity, a community-based nonprofit, this year had a surplus of money in that they did not spend all of the money that had raised this year. Which statement below is correct?
A) The surplus will be distributed to the shareholders as dividends.
B) The surplus will be distributed to the board members and officers as a bonus for effective management.
C) The surplus will be reinvested in activities that achieve the company's social mission.
D) Will be taxed as income.
Correct Answer:
Verified
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