The Institution's Governing Board Decided to Create an Endowment from Contributed

question 34

Multiple Choice

The institution's governing board decided to create an endowment from contributed funds, this is called an ________ and the funds are unrestricted.

• A) Endowment.
• B) Term endowment.
• C) Quasi-endowment.
• D) None of the above.

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Definitions:

Desensitization

A technique used to reduce or eliminate an organism's response to a stimulus by repeated exposure to that stimulus.

Implosion

A rapid inward collapse of a structure or material, often used in psychology to refer to a therapeutic technique for confronting fears.

Obsessive-Compulsive Disorder

A mental health disorder characterized by repetitive, unwanted thoughts (obsessions) and behaviors (compulsions) that drive an individual to act in certain ways.

Lower Intelligence

A term used to describe IQ scores or cognitive abilities that are significantly below the average for a person's age group.