Practice Features Of Non-trading Organisations (10.2) - Non-Trading Organisations
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Features of Non-Trading Organisations

Practice - Features of Non-Trading Organisations

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define a non-trading organisation.

💡 Hint: What is their main goal?

Question 2 Easy

What does membership-based mean?

💡 Hint: Think about how they fund their activities.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary goal of non-trading organisations?

To generate profit
To serve the community
To compete with businesses

💡 Hint: Think about their main purpose.

Question 2

True or False: Non-trading organisations can distribute surplus income as profits.

True
False

💡 Hint: What do they do with profits?

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate how a non-trading organisation's reliance on memberships might affect its long-term sustainability.

💡 Hint: Think about membership retention strategies.

Challenge 2 Hard

Create a financial strategy for a new non-trading organisation aiming to provide education services.

💡 Hint: What types of funding streams can you think of?

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Reference links

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