Question : The main source of revenue for 'not for profit' organisation is:
Option 1: Sale of goods
Option 2: Sale of periodicals
Option 3: Subscription from members
Option 4: Sale of assets
Answer (1)
25th Jan, 2024
Correct Answer: Subscription from members
Solution : A non-profit organization is one that operates with the goal of serving society rather than maximizing profits. Not-For-Profit Organisations are run on subscription from members.
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