Practice Sources Of Funds (10.3.1) - Non-Trading Organisations

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9 questions

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6 sample questions

Question 1.
What is the difference between a subscription and a donation?
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Think about the frequency of the payments.
Question 2.
Name one benefit of fundraising activities.
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Consider the community aspect.
3Question 3.
What is one primary source of funds for non-trading organisations?
- Sales Revenue
- Subscriptions
- Investments
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Think about the income stream that is recurrent.
4Question 4.
True or False: Grants are typically used for specific projects.
- True
- False
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Consider what a grant usually funds.
Question 5.
Design a fundraising event for a local charity receiving minimal donations. What elements would you incorporate to maximize community involvement?
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Think about what appeals to local interests.
Question 6.
Evaluate the risks and benefits of relying entirely on one funding source versus a diversified approach.
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Consider stability versus focused control.

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