Final answer:
The statement is false because a board governs a nonprofit organization while the CEO manages it.
Step-by-step explanation:
B) False, The statement is false because a board governs a nonprofit organization while the CEO manages it. The board of directors is responsible for making major decisions, setting goals, and overseeing the organization's operations. The CEO, on the other hand, is responsible for executing the strategies and day-to-day management of the organization.
For example, in a nonprofit organization like a charity or a foundation, the board of directors consists of individuals who have expertise in specific areas and who are elected or appointed to guide and govern the organization. The CEO is usually hired by the board and reports to them, implementing their directives and managing staff and programs.