Question

Agree or Disagree.
Not for Profit concern is a trading concern.

Answer 1

Answer:

Non profit concern and Trading concern are not similar to each other

Explanation:

The primary objective of non profit concern is to render service ,on the other hand trading concern focuses on earning profit.The net result of Non profit concern can either be surplus or deficit which is used for the benefit of the members.The net result of Trading concern can be profit or loss.Hence this statement is disagreed.