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Define the term nonprofit organization.
A nonprofit organization (NPO, also known as a non-business entity) is an organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's directors (or equivalents) as profit or dividends.
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Asked 4/29/2015 12:15:24 PM
Updated 4/29/2015 12:40:28 PM
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A nonprofit organization (NPO, also known as a non-business entity) is an organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's directors (or equivalents) as profit or dividends.
Added 4/29/2015 12:40:28 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/29/2015 12:42:35 PM]
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When a bank keeps $12 from a $100 deposit as legal reserves, it is using a. the Federal Reserve System. c. a legal reserve system. b. a fractional reserve system. d. a fractional deposit system.
Weegy: The fractional reserve system allows the Federal Reserve to: . b. a fractional reserve system. en.wikipedia.org/wiki/Federal_Reserve_System User: The Federal Reserve System is an independent government agency that was established by __________. A. the Cabinet B. Congress C. the president D. the Supreme Court (More)
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