Question

Not for Profit' concerns concentrate their efforts on maximizing their profit. (State True or False)

Answer 1

NO....

THEY RENDERING SERVICE TO SOCIETY'S..

THEY DID NOT HAVE ANY PROFIT MOTIV

Answer 2

Answer :-

=) False .

Explanation :-

=) It is shortsighted to expect that any association that does not seek after profit as a goal is a not-for-profit association. This is a mistaken suspicion, the same number of such associations do make a profit each year and clearly incorporate this in their formal designs.

Not-for-profit associations are recognized from profit amplifying associations by three attributes.