Metrics That Don't Improve One's Decision-Making Skills Are Commonly Referred

question 48

Multiple Choice

Metrics that don't improve one's decision-making skills are commonly referred to as ________ metrics.

• A) success
• B) failure
• C) vanity
• D) viral
• E) reckless

Recognize the importance of setting fund-raising priorities and identifying prospects.

Identify different donor types and motivations for giving.

Understand various forms of giving and their implications for donors and nonprofit organizations.

Know the different fund-raising strategies and methods, including the use of technology.

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Definitions:

Outstanding Accounts

Accounts or invoices that have been billed but not yet paid by customers.

EBIT

Earnings Before Interest and Taxes, a financial metric indicating a company's operating profitability by excluding interest and taxes from earnings.

Interest Expense

The cost incurred by an entity for borrowed funds; interest expenses are a non-operational cost affecting the company’s net income.

Times Interest Earned Ratio

A financial metric used to evaluate a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.