A Good Measure of Whether a Not-For-Profit Organization Is "Liquid

question 24

Multiple Choice

A good measure of whether a not-for-profit organization is "liquid" and can meet its short-term obligations is

• A) Percentage of total expenses spent on the program function as opposed to support function.
• B) Total revenues divided by total expenses.
• C) Current assets divided by current liabilities.
• D) Percentage of unrestricted net assets to operating expenses.

---

Definitions:

Securities Commission

A regulatory body responsible for overseeing securities exchanges and protecting investors in the financial market.

Online Bankers

Individuals or entities that perform banking activities through internet platforms.

Montana Highways

A network of roads managed by the state of Montana, facilitating transportation and connectivity.

Speed Limit

A regulatory measure indicating the maximum legal speed at which vehicles can travel on a road segment.