Charities – NBC Institute

FA – May 2017 – L1 – SA – Q16 – Partnership Accounts

Identifies which types of entities exist primarily to generate profit.

Question

Which of the following exists primarily for the purpose of making profit?
A. Charities
B. Clubs
C. General hospitals
D. Government bodies
E. Partnerships

Answer

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Tags: Business Entities, Charities, Partnerships, Profit-Seeking
Level: Level 1

Topic: Partnership Accounts (Including Profit Sharing, Capital and Current Accounts)
Series: MAY 2017

Question Tag: Charities

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FA – May 2017 – L1 – SA – Q16 – Partnership Accounts

Identifies which types of entities exist primarily to generate profit.

FA – May 2017 – L1 – SA – Q16 – Partnership Accounts

Identifies which types of entities exist primarily to generate profit.

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Question Tag: Charities

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FA – May 2017 – L1 – SA – Q16 – Partnership Accounts

Identifies which types of entities exist primarily to generate profit.

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FA – May 2017 – L1 – SA – Q16 – Partnership Accounts

Identifies which types of entities exist primarily to generate profit.

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