Practice Sources of Funds - 10.3.1 | 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 is the difference between a subscription and a donation?

💡 Hint: Think about the frequency of the payments.

Question 2

Easy

Name one benefit of fundraising activities.

💡 Hint: Consider the community aspect.

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 one primary source of funds for non-trading organisations?

  • Sales Revenue
  • Subscriptions
  • Investments

💡 Hint: Think about the income stream that is recurrent.

Question 2

True or False: Grants are typically used for specific projects.

  • True
  • False

💡 Hint: Consider what a grant usually funds.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Design a fundraising event for a local charity receiving minimal donations. What elements would you incorporate to maximize community involvement?

💡 Hint: Think about what appeals to local interests.

Question 2

Evaluate the risks and benefits of relying entirely on one funding source versus a diversified approach.

💡 Hint: Consider stability versus focused control.

Challenge and get performance evaluation