CUET Accountancy Not-for-Profit > Accounting PYQs

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Q1:

CUET Accountancy 2024 Slot 1

Not-for-Profit > Accounting

Easy

Libraries run by charitable trusts are an example of:

Partnership

Not for profit organisation

Companies

Cooperatives

Correct Answer

Option 2

Correct Answer

CUET Accountancy 2024 Slot 1

Not-for-Profit > Accounting

Easy

The main source of revenue for 'not for profit' organisation is:

Sale of goods

Sale of periodicals

Subscription from members

Sale of assets

Correct Answer

Option 3

Correct Answer