Which of the Following Would Be Accounted for as a Permanent

question 32

Multiple Choice

Which of the following would be accounted for as a permanent fund?

• A) A gift of $500,000 to a city, to be invested permanently, with the proceeds to be used to maintain the city cemetery
• B) A gift of $500,000 to a city, to be invested permanently, with the proceeds to be distributed as scholarships
• C) A gift of $500,000 to a city, to be invested permanently, with one half of the proceeds added to principle each year and the remainder to be used for low income housing
• D) A gift of $500,000 to a city to be used for a new caretaker's residence at the local cemetery

Understand the design elements of effective questionnaires.

Recognize common errors in the data-gathering stage and learn strategies to avoid them.

Know the importance and methods of citation to support academic integrity.

Identify the characteristics and uses of primary and secondary research in problem-solving.

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Definitions:

Participate

To take part or become involved in an activity or event.

Attained Standards

Benchmarks or levels of performance that have been successfully achieved or realized.

Variances

The difference between expected and actual performance, used in accounting and finance to track deviations from budgets.

Problem Areas

Specific challenges or issues within a business or system that require attention and resolution for improved performance or outcomes.