A good measure of whether a not-for-profit organization is a "going concern" and can sustain its operations into the future is
A) Total revenues divided by assets.
B) Percentage of unrestricted net assets to operating expenses.
C) Percentage of total expenses spent on the program function as opposed to support function.
D) Public support divided by total fund-raising expenses.
Correct Answer:
Verified
Q22: The following are key terms in Chapter
Q24: Describe the process for becoming a tax-exempt
Q25: The following are types of ratios described
Q27: Which of the following is a reason
Q28: Public disclosure rules require that a tax-exempt
Q28: The Internal Revenue Service may impose intermediate
Q29: The incorporating documents that have an internal
Q30: The incorporating documents that have an external
Q33: A good measure of whether a not-for-profit
Q38: All of the following are reasons why
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