Practice Membership-based - 10.2.2 | 10. Non-Trading Organisations | ICSE Class 11 Accountancy
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does it mean for an organization to be membership-based?

💡 Hint: Think about how sports clubs operate.

Question 2

Easy

Can you name one type of membership-based organization?

💡 Hint: Consider any non-profit organization you know.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is a key characteristic of membership-based organizations?

  • They generate profit
  • They serve community needs
  • They focus solely on entertainment

💡 Hint: Think of why these organizations were created.

Question 2

True or False: Surplus funds in non-trading organizations are distributed to members as profit.

  • True
  • False

💡 Hint: Consider the nature of non-profit organizations.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Design a plan for a membership-based organization in your community, including potential funding sources and how you would manage surpluses.

💡 Hint: Think creatively about community interests.

Question 2

Develop a case study of a successful membership-based organization and evaluate its impact and financial sustainability.

💡 Hint: Select an organization you are familiar with.

Challenge and get performance evaluation