Which of the Following Is NOT a Required External Financial

question 43

Multiple Choice

Which of the following is NOT a required external financial statement for a not-for-profit organization?

• A) Statement of Financial Position
• B) Statement of Functional Expenses
• C) Statement of Activities
• D) Management Discussion and Analysis

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Definitions:

Sphygmomanometer

An instrument for measuring blood pressure; consists of an inflatable cuff, a pressure bulb used to inflate the cuff, and a device to read the pressure.

Blood Pressure

Blood pressure is the measure of the force that blood exerts on the walls of the arteries as it flows through them.

Disposable Instruments

Medical tools designed for single use to prevent cross-contamination between patients and ensure sterility.

Curettes

Surgical instruments shaped like a small spoon or scoop, used to remove tissue, debris, or growths from a body cavity.