A Nonprofit Board of Directors Is Establishing an Endowment Investment

question 34

Multiple Choice

A nonprofit board of directors is establishing an endowment investment portfolio to earn enough income to match future costs. This is an example of applying the ______ concept.

• A) total return
• B) least return
• C) minimum return
• D) equity minimum

---

Definitions:

White-Collar Crimes

Non-violent crimes committed by individuals, businesses, or government officials, usually for financial gain.

Criminal Law

A classification of law involving the rights and responsibilities an individual has with respect to the public as a whole.

Public Health

The science and art of preventing disease, prolonging life, and promoting health through organized efforts and informed choices of society, organizations, public and private, communities, and individuals.

Mens Rea

Latin for “guilty mind”; the mental state accompanying a wrongful behavior.