You Have Been Hired by a Non-Profit Agency to Implement

question 167

Multiple Choice

You have been hired by a non-profit agency to implement a system to handle their donations.Event fundraisers need to be able to quickly access a donor's information and history.The marketing department needs to be able to create customized mailing lists,in order to send different messages to different types of donors.What system will best meet these needs?

• A)TPS
• B)TPS with DSS capabilities
• C)TPS with MIS capabilities
• D)TPS with ESS capabilities

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Definitions:

Optimal Initial Cash Balance

The ideal amount of cash that a company should hold at the start of a period to efficiently meet its operational needs and investment opportunities, while minimizing holding and shortage costs.

Transferring Funds

Transferring funds involves moving money from one account to another, either within the same financial institution or across different institutions.

Optimal Initial Cash Balance

The ideal amount of money a business should hold at the start to minimize costs while avoiding liquidity issues.

Cash Outflow

The movement of money out of a business or financial account, typically as payment for expenses, assets, or liabilities.