With the Exception of Collections, Fixed Assets May Be Recorded

question 120

Multiple Choice

With the exception of collections, fixed assets may be recorded by a private not-for-profit as:

• A) Temporarily restricted
• B) Unrestricted
• C) Permanently restricted
• D) Either A or B.

Distinguish between different types of benchmarking and their purposes.

Explain the significance of accountability and transparency in nonprofit organizations.

Understand methods for program evaluation and measuring social return on investment.

Acknowledge the regulatory and oversight mechanisms for nonprofit organizations.

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Definitions:

Estimate

An approximation or educated guess based on available data or evidence.

Mean

The average of a set of values, calculated by dividing the sum of these values by their count.

Segmentation Variable

A characteristic used to divide a population or market into subsets, based on shared attributes, for targeted analysis or marketing.

Confidence

In statistics, the degree to which one can be certain about the reliability of a result, often expressed through confidence intervals.