Practicing Success
Identify the admission fee that is paid only once by a person to become member of a Not-for-Profit Organisation. |
Life Membership Fees Entrance Fee Subscription Legacies |
Entrance Fee |
The correct answer is Option (2) → Entrance Fee An entrance fee is a one-time payment made by an individual when joining an organization. Once paid, the individual becomes a member of the organization and is not required to pay this fee again. |