A wealthy individual, wanting to make a large donation, is comparing two charities to determine which one spends a smaller portion of the funds they raise on administration.Which of the following would be one of their objectives of the charities' financial reporting?

Question

Quizplus · Accepted Answer

Performance evaluation is a key objective in this context because the donor wants to assess how efficiently the charities use their funds, specifically looking at the portion spent on administration versus program activities.

A Wealthy Individual, Wanting to Make a Large Donation, Is