You Are a Consultant for a Local Nonprofit Organization That

question 4

Multiple Choice

You are a consultant for a local nonprofit organization that is concerned about a decline in contributions.This nonprofit provides social services to the poor.What
Would you recommend as the first step to improve fundraising?

• A)an increase in the number of grant applications filed with private foundations.
• B)hiring a lobbyist to work to obtain state funds through the legislature.
• C)improved maintenance of the records for individual contributors,more frequent communication with these contributors to tout your
• Accomplishments.
• D)an increase in the number of federal and state grant applications.

---

Definitions:

Actual Direct Labour Hours

The real number of labor hours spent on a production process as opposed to planned or estimated hours.

Manufacturing Overhead Cost

Indirect costs related to manufacturing that are not directly tied to a specific product, such as factory maintenance and utilities.

Normal Costing System

An accounting system that assigns costs to products based on the normal levels of materials, labor, and overhead.

Inventory Accounts

Accounts used to track the cost of goods a company has in stock during an accounting period, including raw materials, work in progress, and finished goods.