Problem - revenue diversification for nonprofit organization


Question: Which of the following is NOT true about revenue diversification for nonprofit organizations? It requires constant monitoring of the organization's comprehensive revenue portfolio. It minimizes financial volatility and improves long-term stability. It assures that a loss of funding from one source does not result in loss of the whole organization's funding. It assures that all income is diversified within the organization to safeguard against profit-taking and thus challenges by the Internal Revenue Service.

 

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Accounting Basics: Problem - revenue diversification for nonprofit organization
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