Which of the Following Is a Probable Use an Individual

question 29

Multiple Choice

Which of the following is a probable use an individual donor would make of the external financial statements of a not-for-profit entity?

• A) To determine the proportion of entity resources directed to programs as opposed to fund-raising.
• B) To determine the creditworthiness of the entity for investment purposes.
• C) To determine the salaries paid to all employees of the entity.
• D) To determine the budget of the entity.

---

Definitions:

Californios

The Hispanic residents of California, particularly those living there before it became a part of the United States.

Cattle Ranchers

Individuals or companies engaged in the raising and grazing of cattle, often for meat production, on extensive ranches.

1830s and 1840s

Decades in the 19th century characterized by significant social, political, and economic changes, including industrialization and the expansion of slavery in the United States, leading to increased tensions leading to the Civil War.

Reannexation

A term referring to the act of annexing something again or reclaiming territory that was once part of a country or jurisdiction.