Which of the following distinguishes governments from nongovernmental not-for-profit organizations? A. Absence of profit motive. B. The
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A. Absence of profit motive.
B. The power to enact and enforce a tax levy.
C. Resource providers do not expect benefits proportional to the resources provided.
D. Absence of a defined ownership interest that can be sold, transferred, or redeemed.
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Accounting for Governmental and Nonprofit Entities
ISBN: ?978-0073379609
15th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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