Which of the following statements is true of nonprofit organizations?
a.
They can measure their success and failure in strictly financial terms.
b.
They seek to make a profit for redistribution to owners or shareholders.
c.
They focus on generating enough funds to cover the organization's expenses.
d.
They have a financial bottom line that simplifies decision-making processes for nonprofit managers.
Answer: c.
They focus on generating enough funds to cover the organization's expenses.