A. deficit
B. surplus
C. discount
D. shortage
Correct Answer:
Option A – deficit
Explanation
A deficit occurs for a nonprofit organization whenever its expenses exceed its revenue . deficit in a non for profit making organization stands for loss and it is the excess of expenses over bar profit and other income.
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…