One of the options below is not the source of income for ...
One of the options below is not the source of income for non- profit organization
Entrance fees
Subscription/dues
Ordinary shares
Donations
Correct answer is C
Ordinary shares: This type of source of income is only used in profit oriented organization to generate fund the pubic so as to enable the organization make more profit at the end of a specified period
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In the not-for-profit-making organization, the excess of income over expenditure is? ...
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Which of these is a capital expenditure warrant? ...