Which of the Following Is Not a Distinguishing Characteristic of a Private

Multiple Choice

Which of the following is not a distinguishing characteristic of a private not-for-profit organization according to FASB Statement No.116?

A) Operating purposes other than to provide goods or services at a profit.
B) Absence of ownership interests like those of business enterprises.
C) Contributions of significant amounts of resources from resources providers who do not expect commensurate or proportionate pecuniary return.
D) Upon dissolution of the organization, remaining assets are to be distributed to the original contributors.