Donated Services Are Recognized as a Contribution If

question 9

Multiple Choice

Donated services are recognized as a contribution if:

• A)​they create or enhance nonfinancial assets.
• B)​they require specialized skills and the individuals performing the donated service possess those skills.
• C)​the organization would otherwise purchase the service.
• D)​All of the above are correct.

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Definitions:

Bell-Shaped

Describes the graphical shape of a distribution that is symmetrical and has a single peak in the middle, resembling a bell; commonly associated with the normal distribution.

Standard Deviation

An index quantifying the spread or variability among a collection of numbers, where a smaller standard deviation suggests the numbers are closely clustered around the average.

Tchebysheff's Theorem

A statistical theorem stating that, for any real-valued random variable, the proportion of values lying within k standard deviations from the mean is at least 1-1/k^2, for k > 1.

Empirical Rule

A statistical guideline suggesting that within a normal distribution, nearly every data point can be found within three standard deviations of the central mean.