Which of the following about proprietary agencies is true? Income that appears to be in excess of operating costs

a. does not have to be reinvested into the agency
b. must be used for capital improvement
c. should be used for funding for non-reimbursed care
d. is designated for provision of staff education


A
Proprietary agencies are not tax-exempt and profits do not have to be reinvested into the agency but may be used to reward investors.

Nursing

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