Which is likely not a type of not-for-profit entity

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Problem 1: A governmental agency can best be described by which of the following statements?

A. has a primary purpose of making a profit

B. has a primary purpose of using taxpayer funds to provide services

C. produces goods for sale to the public

D. has regular shareholder meetings

Problem 2: Which of the following is likely not a type of not-for-profit entity?

A. public library

B. community foundation

C. university

D. local movie theater

Reference no: EM132642503

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