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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Co-operatives Organization
Respected Sir,
Hopefully, you are doing well.
First of all, I do thank you for providing such the most important materials to the people.
Anyway, my question is:
Co-operatives are a non-profit seeking organizations or not?
They can be, but often not. There is no reason why they could not seek to make profits and these would be distributable amongst the members rather than, in a company, investors.
Thank you for your thanks.