General Knowledge MCQ #2262

NGOs are legally required to:

General Knowledge MCQ #2262

  1. Question 1

    Q1. NGOs are legally required to:

    • A) Prepare accounts in a prescribed manner under the law.
    • B) Prepare accounts as desired by donors.
    • C) Submit Balance sheet only.
    • D) Submit Income source only.

    Answer: Prepare accounts in a prescribed manner under the law.

    Explanation: NGOs are legally required to prepare and maintain accounts in the prescribed manner under applicable law to ensure transparency, accountability, and regulatory compliance.