Question

Which of the following is an item of income for a Not for Profit organisation
(A) Life membership fees
(C) Specific donation
(B) Admission fees
(D) Honorarium​

Answer 1

OptioN A is correct maybe

Answer 2

Life membership fees

A not-for-profit organization is an association that spotlights a specific social reason, and all the cash procured or given is utilized in seeking after its goals and meeting functional expenses. Dissimilar to revenue-driven companies, these associations don't appropriate their excess incomes to their proprietors. All things considered, they utilize the assets to seek after a particular social reason or supporter for a common perspective. Nonprofit associations work as beneficent associations, and they are absolved from paying assessments on the cash they procure or are given to them by well-wishers.