Private Foundations Are Organizations Which Do Not Normally Receive Donations

question 42

Multiple Choice

Private foundations are organizations which do not normally receive donations:

• A) Of cash
• B) From the general public
• C) From corporations
• D) From stock investors

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Definitions:

Market Price

The current value at which an asset or service can be bought or sold.

Earnings Per Share

A company's profit divided by the outstanding shares of its common stock, indicating the company's profitability.

Dividends Per Share

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Independent Auditor's Report

A formal opinion or disclaimer, issued by an independent external auditor as a result of an audit or evaluation of an entity's financial statements.