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    Essentials of Accounting Study Set 1
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    Exam 10: Accounting for Private Not-For-Profit Organizations
  5. Question
    Which of the Following Is Not a Reason for a Private
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Which of the Following Is Not a Reason for a Private

Question 17

Question 17

Multiple Choice

Which of the following is not a reason for a private not-for-profit to generate a surplus?


A) Retiring debt
B) Establishing working capital
C) Expanding facilitie
D) All of the above are legitimate reasons

Correct Answer:

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