Not-For-Profit Organisations _________

question 22

Multiple Choice

Not-for-profit organisations _________.

• A)do not have competition because they do not seek profits
• B)have no competition because they offer unique services
• C)compete over donations, volunteers and clients
• D)compete only over donations

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Definitions:

Net Present Value

A financial calculation used to determine the value of a series of future cash flows by discounting them back to their value in today's dollars.

Required Rate Of Return

The minimum annual percentage earned by an investment that will induce individuals or companies to put their money into a particular security or project.

Capital Budgeting Approaches

Strategies and methodologies used by businesses to evaluate and select major investment and expenditure opportunities.

Conceptual Standpoint

A perspective or approach based on abstract ideas or theories rather than on practical applications.