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Select the Most Appropriate Alternative from Given Below and Rewrite the Statement: ___________ is a Major Source of Revenue Income for ‘Not for Profit’ Concern. - Book Keeping and Accountancy

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Question

Select the most appropriate alternative from given below and rewrite the statement:

___________ is a major source of revenue income for ‘not for profit’ concern.

Options

  • Subscription

  • Donation

  • Legacies

  • Life membership fees

MCQ

Solution

Subscription  is a major source of revenue income for ‘not for profit’ concern. 

shaalaa.com
Features of "Not for Profit" Concerns.
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2016-2017 (July) Set 1

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