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Exam (elaborations)

CFRE Leadership/Management Questions and Correct Answers | Latest Update

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The mission statement is ~~>the declaration of the organization's cause, or purpose, for being. The mission statement ~~>serves as a rational argument for voluntary giving of time, talent and treasure by the public The mission statement ~~>invites the public's active participatio...

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  • September 10, 2024
  • 54
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CFRE
  • CFRE
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1 | P a g e | © copyright 2024/2025 | Grade A+




CFRE Leadership/Management Questions
and Correct Answers | Latest Update
The mission statement is


✓ ~~>the declaration of the organization's cause, or purpose, for being.




The mission statement


✓ ~~>serves as a rational argument for voluntary giving of time, talent

and treasure by the public




The mission statement


✓ ~~>invites the public's active participation and financial support




The practice of philanthropy involves


✓ ~~>volunteer service in addition to gifts.




When a not-for-profit is seeking to be incorporated


✓ ~~>it must submit a mission statement that explains its purposes, goals

and objectives.




The mission statement must describe




Master01 | September, 2024/2025 | Latest update

, 2 | P a g e | © copyright 2024/2025 | Grade A+


✓ ~~>why this institution or agency was founded and what it is

committed to accomplish.




The statement of mission


✓ ~~>reflects the dominant values of the organization and is a cogent

argument as to why those values should be served, expanded,

strengthened and multiplied.




The voluntary Board of Directors must take responsibility for


✓ ~~>that all services provided will be faithful to the mission

That all funds received will be used in fulfillment of that mission and not for the

private inurement of any boardh member, employee, client or other person

involved.




Components of a mission statement


✓ ~~>declaration of cause, explains its purpose, why the institution was

founded and what it is committed to accomplish, what needs the org

meets in the community and the clients it aims to serve




The mission statement should be written




Master01 | September, 2024/2025 | Latest update

, 3 | P a g e | © copyright 2024/2025 | Grade A+


✓ ~~>in language that is clear and concise enough to provide a context

for decision making.




The mission statement is the context


✓ ~~>for the strategic planning process




A mission statement can be used for


✓ ~~>the strategic planning process, a case statement




A vision statement


✓ ~~>is a guiding IMAGE of success, based on reasonable assumptions

about the future.




A vision statment answers the question


✓ ~~>What will success look like?




A vision statement can


✓ ~~>inspire and motivate people to work together in the pursuit of this

shared image of success.




A vision statement must be


Master01 | September, 2024/2025 | Latest update

, 4 | P a g e | © copyright 2024/2025 | Grade A+


✓ ~~>Plausible, yet inspiring.




A vision statement drives


✓ ~~>the long-range planning process




A vision statement can change


✓ ~~>as often as needed




A missions statement can change


✓ ~~>infrequently.




The mission statement is intended to summarize


✓ ~~>where an organization is going, not where it has been.




The mission statement summarizes the


✓ ~~>WHY, WHAT, And HOW of an organizations work.




A vision statement presents




Master01 | September, 2024/2025 | Latest update

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