Not for Profit Entities Are Usually Primarily Concerned with Which

question 43

Multiple Choice

Not for profit entities are usually primarily concerned with which of the following performance measures?

• A) Their Program Expense Ratio
• B) Phone Psychic Recommendations Regarding the NFP Which are Obtained by The Better Business Bureau
• C) Change in Net Assets
• D) Ending Unrestricted Net Assets

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Definitions:

Degrees of Freedom

The number of independent values or quantities that can vary in the calculation of a statistic.

Numerator

The top number of a fraction, showing the number of parts out of the denominator considered.

Chi-square Distribution

A probability distribution that is used to describe the distribution of a sum of the squares of k independent standard normal random variables, often used in hypothesis testing.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values differ from the mean.