Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Accounts for Non Profit Organsiation

Question:

Control of a NPO is in the hands of............

Options:

Elected Managing/Executive Committee

Promoters

Directors

Management appointed by promoters

Correct Answer:

Elected Managing/Executive Committee

Explanation:

The affairs of a NPO are usually managed by a managing/executive committee elected by its members.