CUET Accountancy 2024
Accountancy
Not-for-Profit Organisation
Easy
The main source of revenue for 'not for profit' organisation is:
The main source of revenue for 'not for profit' organisation is:
Correct Option: 3
Not-for-profit organizations focus on missions, not profit. Main revenue sources include:Option 1: Sale of goods → Usually not primary for non-profits. Option 2: Sale of periodicals → Can be relevant but not main source. Option 3: Subscription from members → Primary source for many non-profits. Option 4: Sale of assets → Rarely a consistent revenue source.Correct answer: Option 3.
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CUET Accountancy 2024