Which of the Following Terms Is Used to Indicate That

question 41

Multiple Choice

Which of the following terms is used to indicate that a donor provided a gift with explicit instructions that the gift is to be used for a specific purpose by the not-for-profit but the entire amount may be spent right away?

• A) Board-designated net assets.
• B) Net assets without donor restrictions.
• C) Endowment assets.
• D) Net assets with donor restrictions.

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Definitions:

Child Care

The care and supervision of a child or multiple children at a time, whose age ranges from two weeks to eighteen years.

Impoverished Home Environments

Living conditions lacking in resources, supports, and opportunities essential for healthy development.

Suburban

A term related to residential areas that exist on the outskirts of a city or large town.

Middle-class Adolescents

Young individuals, typically between the ages of 13 and 19, who come from socio-economic backgrounds traditionally considered to be middle class.