What happens when a not-for-profit corporation has a positive net income?

A. It must invest the net income in the business.
B. It must reduce its fees.
C. It must donate the net income to a charity.
D. It must report a change in net assets to the government.


Answer: D

Health Professions

You might also like to view...

As a supervisor with an emergency ambulance service, which of the following would recognize as falling under the Americans with Disabilities Act (ADA)?

A) An EMT who has requested help with a drug and alcohol problem B) Applicant who cannot pass the EMT certification exam because he is dyslexic C) Blind patient that your service transports regularly to and from the hospital D) A dispatcher with a prosthetic leg who requires parking next to the building entrance

Health Professions

The PR interval begins at the first sign of the P wave and ends at the first sign of the next deflection, which is called the:

A) T wave. B) S wave. C) PR segment. D) QRS complex.

Health Professions

Enrollment is NOT required for:

TRICARE Standard. TRICARE Prime. TRICARE Prime Remote. CHAMPVA.

Health Professions

Canes and walkers are examples of assistive devices.

Answer the following statement true (T) or false (F)

Health Professions