nonprofit organizations,excesses in revenue over expenses are
A) taxed at one-half the rate for profit organizations.
B) distributed equally to all of the organization's shareholders.
C) returned to the organization's treasury for continuation of the service.
D) taxed at a reduced rate if the revenue is to be used in keeping with the organization's core mission.
E) not taxed at all unless it is a religious organization.
Correct Answer:
Verified
Q47: Services can be classified by
A) their method
Q74: Equipment-based services like ATMs,online brokerage firms,and automated
Q76: do an automated carwash,a limousine service,and an
Q77: Services can be classified according to whether
Q78: categories for equipment-based services include _.
A) unskilled
Q80: categories for people-based services include _.
A) volunteers,
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