Sally Is Vice President of Administration at a Large Nonprofit

question 104

Multiple Choice

Sally is vice president of administration at a large nonprofit charity for animals. She most likely falls within which management level?

• A) CEO
• B) Line employee
• C) Staff manager
• D) Top manager
• E) Middle manager

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Definitions:

Contractual Agreement

A legally binding arrangement between two or more parties that outlines the terms and conditions of their relationship or transaction.

Sarbanes-Oxley Act

A United States federal law enacted in 2002 designed to protect investors from fraudulent financial reporting by corporations, including provisions for enhanced financial disclosures and penalties for corporate fraud.

Working Papers Retention

The practice of keeping all relevant documents and records used during an audit for a specified period.

Contractual Breach

The failure to perform one or more terms or conditions of a contract without a legally valid excuse.