Accountancy, asked by yogitaloiloi2989, 9 months ago

important concepts of not for profit organization class 12

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Answered by Tragicgirl773

Answer:

Not-for-profit organizations are types of organizations that do not earn profits for its owners. ... In a nonprofit organization, income is not distributed to the group's members, directors, or officers. There are also nonprofit corporations known as non-stock corporations.

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