Not-for-Profit Organisations Quiz — CA Foundation

CA FOUNDATION · PAPER 1 · ACCOUNTANCY

Not-for-Profit Organisations Quiz

R&P Account · Income & Expenditure · Balance Sheet · Subscriptions · Donations · Capital Fund

3 Levels25 Qs per level 15 shown per attempt80% to unlock next

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Level 1 — Basic

NPO meaning, features, R&P Account, I&E Account basics, capital vs revenue for NPOs.

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Level 2 — Intermediate

Subscription A/c, donations, entrance fees, life membership, specific funds, surplus/deficit.

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Level 3 — Advanced (CA Level)

Complex subscription A/c, preparing I&E from R&P, Balance Sheet, multi-adjustment problems.

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Level 1Score: 0

Q 1 of 15⏱ 60s

QUESTION 1

Explanation

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15

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