A Donor Contributed $500,000 to the City Stipulating That the Money

question 34

Multiple Choice

A donor contributed $500,000 to the city stipulating that the money be invested and that the earnings thereon be used for maintenance of the a band shell in the city's park.The $500,000 would most appropriately be recorded in a(an) :

• A) Agency fund.
• B) Private-purpose trust fund.
• C) Endowment fund.
• D) Permanent fund.

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Definitions:

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

Non-verbal Communication

The process of conveying a message without the use of words, including gestures, facial expressions, and body language.

Interpersonal Space

The physical distance maintained between individuals to feel comfortable during social interactions.

Eye Contact

A form of nonverbal communication that occurs when two individuals look directly at each other's eyes.