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    Advance Accounting
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    Exam 5: Accounting and Financial Terms and Concepts
  5. Question
    A Co-Operative Society May Createout of Its Net Profit for Payment
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A Co-Operative Society May Createout of Its Net Profit for Payment

Question 15

Question 15

Multiple Choice

A co-operative Society may createout of its net profit for payment of bonus to person who are not its members.


A) bonus equalization fund
B) Reserve fund
C) Education Fund
D) Loans and advances

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