In the not-for-profit-making organization, the excess of income over expenditure is?
Answer Details
In a not-for-profit organization, any surplus of income over expenses is added to the accumulated fund. The accumulated fund represents the organization's savings and is used to support its ongoing activities and future plans. This surplus can be reinvested in the organization or used to support future programs and projects. It is important for a not-for-profit organization to maintain a healthy accumulated fund so that it can continue to fulfill its mission and serve its constituents over the long term. Therefore, "added to the accumulated fund," is the correct answer.