CFRE Graded A+ Exam Questions & Answers 2024/2025
The most effective marketing vehicles for planned giving are considered to be:
a. Personal visits with the donor, direct mail, blogging, and email.
b. Direct mail, newsletters, wills clinics, estate planning seminars, and by educating oth...
The most effective marketing vehicles for planned giving are considered to be:
a. Personal visits with the donor, direct mail, blogging, and email.
b. Direct mail, newsletters, wills clinics, estate planning seminars, and by educating other professionals.
c. Initial visit with donor, followed by letter reiterating planned giving options followed by email or
telephone communication.
d. All of the above. - ANSWERSb. Direct mail, newsletters, wills clinics, estate planning seminars, and by
educating other professionals.
Financial statements are useful because:
a. In the for-profit arena, they help investors and creditors make better economic decisions while in
nonprofit organizations, the cash flow analysis is an indicator of the financial health of the organization
b. In the nonprofit arena, they help board members make better economic and strategic decisions, while
in the for-profit arena, the cash flow analysis is a better indicator of the financial health of the
organization
c. They illustrate economic health as GAAP ensures that financial statements are accurate and timely
d. They ensure that outside auditors are monitoring financial health of the organization - ANSWERSa. In
the for-profit arena, they help investors and creditors make better economic decisions while in nonprofit
organizations, the cash flow analysis is an indicator of the financial health of the organization
,Sylvia Gotrocks has been identified as a new prospect for your organization. Your researcher has
determined that she has an annual disposable income of $200,000 and a family farm currently on the
market for $2 million. You should approach Sylvia for:
a. An annual gift
b. A major gift in support of your capital campaign, part of which support a Center on Renewable Energy
and the use of corn hybrids
c. A gift of real estate
d. An outright bequest to your organization in Sylvia's will - ANSWERSa. An annual gift
What is the best indicator that your solicitation strategies are meeting the ethical standards established
by AFP:
a. You provide all donors with appropriate gift receipts for tax preparation
b. You send an appropriate peer solicitor on calls to make the prospect feel more comfortable
c. You make certain that support of your organization's mission is more important than any other gain
d. You develop relationships over time with prospects and donors, allowing them to feel comfortable
with the organization and the process - ANSWERSd. You develop relationships over time with prospects
and donors, allowing them to feel comfortable with the organization and the process
In your old job with a highly regarded, financially stable organization, you developed a close working
relationship with an elderly couple who set up a revocable trust with the organization. You then move to
a new organization whose financial situation is somewhat shaky. Several months later the couple comes
to you and says that because they have such confidence in your ability to look after their interests, they
want to revoke the original trust and set up a new one through you and your new organization.
, a. Suppose the couple proposed to make a major gift to your new organization without revoking the old
trust. What should you do?
b. Accept the offer on behalf of your organization
c. Reject the offer
d. Ask the CEO of your organization to make the decision
e. Ask the couple to work with someone else in your new organization. - ANSWERSe. Ask the couple to
work with someone else in your new organization.
The mission of FASB is to:
a.Monitor the financial and accounting industry for the benefit of the public including: issuers, auditors
and users of financial information- including charities
b. Provide resources, information and leadership relative to financial accounting and reporting-
particularly as it relates to the preparation of financial statements
c. Establish and improve standards of financial accounting and reporting for the guidance and education
of the public including: issuers, auditors and users of financial information-including charities
d. B&C - ANSWERSc. Establish and improve standards of financial accounting and reporting for the
guidance and education of the public including: issuers, auditors and users of financial information-
including charities
Which aspect of an organization's history is MOST effectively used in appealing to donors?
a. The external factors that impacted the organization
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