The major feature of not for profit making organization is that they are formed?

By: |Published on: Dec 3|Categories: Accounting JAMB| 0 comments

A. to use accumulated fund to described the net amount owed to members
B. mainly to improve the welfare of her member
C. to engaged in trading activities to sponsor its activities
D. in order to compute the receipts and payment account

Correct Answer:

Option B – mainly to improve the welfare of her member

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