Which of the Following Statements Is Correct

question 30

Multiple Choice

Which of the following statements is correct?

• A) Endowments are donations that are received with the provision that it will be invested and only the investment income may be spent by the organization.
• B) Endowments are unrestricted donations which can be used for any purposes that are consistent with the goals and objectives of the not-for-profit organization.
• C) Endowments are provided as donations which only allow a not-for-profit organization to invest in other not-for-profit organizations only.
• D) Endowments may be restricted and unrestricted funds which must be used in accordance with the wishes of the contributor and only available during the life of the donor.

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Definitions:

Primatology

The scientific study of primates, including humans, their evolution, behavior, and ecology, aiming to understand aspects of our own behavior and biology.

Ethnology

The comparative and analytical study of cultures; a branch of anthropology that examines the cultural variations among humans.

Archaeology

The study of human cultures through the recovery and analysis of material remains and environmental data.

Material Remains

Material remains are the physical evidence of past human activities, often studied in archaeology, including artifacts, structures, and other tangible cultural items.