To Minimize Risk, Nonprofit Boards Must Select a New Chief

question 13

Multiple Choice

To minimize risk, nonprofit boards must select a new chief executive officer based on the organization's ______.

• A) history
• B) mission
• C) revenue
• D) collaborative relationships

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Definitions:

Information Outputs

The resulting data or information that is produced from a process or system.

Timely And Accurate

Describes information or processes that are delivered or completed within an expected time frame and with precision or correctness.

Accounting Information System

A system consisting of people, processes, and technology that manages financial data and supports business decisions.

Cost Effectiveness

An evaluation measure to determine how effectively a party is achieving its objectives relative to the costs incurred.