24
QuizMultiple Choice

Investing — Test

Question 24 • Personal Finance

Which action is an example of a service provided by an organization receiving charitable donations?

Answer
A
training a competitive dance troupe within a teacher-owned studio
B
hosting children’s parties at a paint-your-own-pottery franchise
C
renting booths at an art show on privately owned fairgrounds
D
maintaining a public broadcasting radio station

Explanation

A charitable organization uses donations to provide a public benefit, rather than primarily to earn profits for an owner. Maintaining a public broadcasting radio station is an example of providing a community service supported by charitable donations. The other choices describe activities run by private businesses.

AI-written and checked against the verified answer.

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