Form 990 - Study guides, Class notes & Summaries

CFRE - IX: Accountability Exam Questions With 100% Correct Answers More and more, potential donors and others interested in the org are seeking information from various "watchdog" organizations, and so part of accountability is ensuring that organizations such as these have accurate information. Examples of these org's include: - answerGuideStar and Charity Navigator What is the IRS form that constituents may request to show information about the org? - answerIRS Form 990 What do pros...

CFRE - IX: Accountability Exam Questions With 100% Correct Answers More and more, potential donors and others interested in the org are seeking information from various "watchdog" organizations, and so part of accountability is ensuring that organizations such as these have accurate information. Examples of these org's include: - answerGuideStar and Charity Navigator What is the IRS form that constituents may request to show information about the org? - answerIRS Form 990 What do pros...

CFRE ExamAn annuity buyer can purchase a single-life annuity for themselves. They will be paid in installments, and when they die, the charity keeps/does not keep the principal. - correct answer keeps A buyer can purchase an annuity for themselves and their spouse, and this is called a _______________________ - correct answer two-life annuity A donor receives credit for their gift when they send a check in an envelope on what date? - correct answer date of postmark on envelope Is placin...

TESTED AND CONFIRMED A+ ANSWERS involves identifying, recording, and communicating the operational results and status of organization (as opposed to a subunit) - Financial accounting A financial conveys a business's financial accounting information - statement The four most important financial statements are......1. Income statement 2. Statement of changes in equity 3. Balance sheet 4. Statement of cash flows The requirement to provide financial accounting information is driven by the ne...

Controllership - ANS-Transaction Accounting Financial Accounting Managerial Accounting Goal Setting and Budgeting Financial Mangement - ANS-Financial Planning Pricing Clinical Services Financial Structures Securing and Managing Liquid Assets Managing Multi Corporate Accounting Auditing - ANS-Internal Audits Compliance Review External Audit Continuous Improvement of the Accounting & Finance Functions - ANS-Stakeholder Satisfaction Improve Performance Reporting Financial Information ...

CFRE - IX: Accountability More and more, potential donors and others interested in the org are seeking information from various “watchdog” organizations, and so part of accountability is ensuring that organizations such as these have accurate information. Examples of these org’s include: ANSWER- GuideStar and Charity Navigator What is the IRS form that constituents may request to show information about the org? ANSWER- IRS Form 990 What do prospects and donors want to know? ANSW...

CFRE ExamAn annuity buyer can purchase a single-life annuity for themselves. They will be paid in installments, and when they die, the charity keeps/does not keep the principal. - correct answer keeps A buyer can purchase an annuity for themselves and their spouse, and this is called a _______________________ - correct answer two-life annuity A donor receives credit for their gift when they send a check in an envelope on what date? - correct answer date of postmark on envelope Is placin...

GOVT Test 4 Exam Questions And Answers 100% Verified 2024/2025 What is the principal advantage of having 501(c) (3) status to an organization that receives substantial support from outside contributors? A) The organization does not have to pay federal income tax. B) The organization does not have to pay state sales taxes on purchases. C) Donors to the organization may deduct their contributions as charitable donations. D) All of the above. - answerC) Donors to the organization may deduct ...

AINS 103 Test Questions And Answers. Workers compensation benefits include which one of the following? When a clothing manufacturer decides to expand the sale of its clothing line by offering internet purchases, it creates new exposures not otherwise covered, or not fully covered, by a traditional policy. These include Which one of the following supply chain exposures can a business mitigate by carefully wording contracts and diversifying suppliers? The commercial property coverage part of a...

What does a commercial general liability coverage form protect? - ANS-An organization against financial losses stemming from liability for damages to people or property. Jenny owns a convenience store. A customer slipped and fell in an aisle but only required minor medical care at a local clinic. What coverage might apply for this occurrence? - ANS-Coverage C might apply, because Coverage C-Medical Payments, pays medical expenses of others in certain circumstances. Sean entered a booksto...