US Organizations Spent _______________ Annually on Public Relations

question 5

Multiple Choice

US organizations spent _______________ annually on public relations.

• A) $5 million
• B) $15 million
• C) $500 million
• D) $1 billion
• E) $10 billion

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Definitions:

Volunteer Hours

The amount of time individuals spend performing unpaid services for nonprofit organizations or community projects.

Restricted Fund Method

An accounting practice where funds specified for certain purposes are kept separate in financial records to ensure their use only for those purposes.

General Fund

A primary operating fund used by governments to finance regular, day-to-day services and activities.

Endowment Fund

A fund established to maintain principal inviolate and to use earnings for specific purposes, often found in non-profit or educational institutions.