Podcast
Questions and Answers
Which statement is true and which statement is false? Remember to write the whole thing out.
Which statement is true and which statement is false? Remember to write the whole thing out.
Statement 1: True. A non-profit organisation cannot make a profit. Statement 2: False. A private limited company can pay dividends to its shareholders.
Can a non-profit organisation generate revenue?
Can a non-profit organisation generate revenue?
Yes, a non-profit organisation can generate revenue through donations, grants, and other sources. However, it cannot make a profit.
What is a private limited company?
What is a private limited company?
A private limited company is a type of business entity that is privately held by a small group of shareholders. It is separate from its owners and has limited liability.
What are dividends?
What are dividends?
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