A Significant Difference Between Not-For-Profit Organizations and Businesses with Regard

Multiple Choice

A significant difference between not-for-profit organizations and businesses with regard to investments in capital (fixed) assets is that

A) Not-for-profits generally do not invest in capital assets.
B) Unlike businesses, not-for-profits do not discount projected future cash flows when evaluating the benefit-cost of an asset acquisition.
C) Unlike businesses, not-for-profits do not include the estimated salvage value of a capital asset in considering whether or not to acquire it.
D) When considering the merit of asset acquisitions, maximizing future cash flows is not the principal objective of a not-for-profit.