SELECT * FROM question_mgmt as q WHERE id=1390 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=11 AND chapterId=134 and ex_no='3' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th accountancy Accounting for Not-for-Profit Organisation state the meaning of lsquo not for profit rsquo

Question:

State the meaning of ‘Not- for- Profit’ Organisations.

Answer:

Not-for -Profit Organisations (NPO) refer to the organisations that are used for the welfare of the society and are set up as charitable institutions which function without any profit motive. Their main aim is to provide service to a specific group or the public at large.


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  • Answered by Ekta Mehta
  • 4 months ago

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