Not-for-profit organizations are measured by different standards than are for-profit businesses.Who is responsible for regulating these organizations?
A)their customers
B)their vendors
C)their suppliers
D)the government

Question

Quizplus · Accepted Answer

The government is responsible for regulating not-for-profit organizations. This is typically done through agencies such as the Internal Revenue Service (IRS) and various state offices. These organizations are subject to different regulations and reporting requirements than for-profit businesses, as they are mission-driven rather than profit-driven.

Not-For-Profit Organizations Are Measured by Different Standards Than Are For-Profit