Which of the Following Tools Is Used to Outline the Assets

question 10

Multiple Choice

Which of the following tools is used to outline the assets and capacity of the community, identify strengths and potential resources for program planning and interventions?

• A) Community asset mapping
• B) Environmental scan
• C) Needs assessment
• D) Problem investigation

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Definitions:

Long-Term Contracts

Agreements that extend beyond one year, often relating to construction, service, or lease contracts.

Losses

Financial transactions or events that result in a decrease in assets, increase in liabilities, or both, leading to a reduction in equity or net assets.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money.

Revenue Recognition

Refers to the criteria or guidelines used by a company to recognize revenue in its financial statements, ensuring revenue is recorded when earned.