______ Funds Are Created When Individuals or Organizations Contribute Resources

question 32

Multiple Choice

______ funds are created when individuals or organizations contribute resources with the agreement that principal and/or income will be used to benefit individuals or private organizations.

• A) Agency
• B) Investment trust
• C) Private-purpose trust
• D) Permanent

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Definitions:

Political Challenges

Issues, obstacles, or conflicts that arise in the context of governance, policy-making, or public administration that require strategic resolution.

Ethical Challenges

Situations or dilemmas that require individuals or organizations to choose actions that are morally right but may conflict with personal or societal norms.

Uncertainty-Avoidance

A cultural dimension that describes the extent to which people in a society attempt to cope with anxiety by minimizing uncertainty.

Situational Uncertainties

Unknown or unpredictable aspects of environments that can impact decision-making and strategies.