one of the options below is not the source of income for non- profit organization...
FINANCIAL
JAMB 2017
one of the options below is not the source of income for non- profit organization
- A. Entrance fees
- B. subscription/dues
- C. odrinary shares
- D. Donations
Correct Answer: C. odrinary shares
Explanation
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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