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प्रश्न
State whether the following statement is True or False with reasons.
Not for Profit Concerns do not have profit motive.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
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उत्तर
Not for Profit Concerns do not have profit motive. - True.
Explanation:
Not-for-profit concerns’ main aim is to give services to their members or society. They do not carry any trading or manufacturing activity, so there is no question of having a profit motive for ‘Not for Profit’ concerns.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Accounts of ‘Not for Profit’ Concerns - Exercise 2.1 (Objective Type Questions) [पृष्ठ ११२]
