A non-profit-making organization differs from a profit-making one in that?
FINANCIAL
JAMB 1998
A non-profit-making organization differs from a profit-making one in that?
- A. it does not earn income
- B. proceeds from sale of shares form part of its income
- C. all its income is committed
- D. annual subscriptions and levies form part of its income
Correct Answer: D. annual subscriptions and levies form part of its income
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