A nonprofit chief executive officer (CEO) is comparing program expenses to contributed income. The CEO is using a(an) ______ to assess organizational performance.

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Quizplus · Accepted Answer

The CEO is using financial ratios, specifically the ratio of program expenses to contributed income, to assess organizational performance. Financial ratios are commonly used to evaluate financial performance and efficiency. The other options - audit, balance sheet, and depreciation formula - are all financial tools, but they don't necessarily indicate that the CEO is comparing program expenses to contributed income.

A Nonprofit Chief Executive Officer (CEO) Is Comparing Program Expenses