A good measure of whether a not-for-profit organization is operating its programs efficiently is:
A. The ratio of program expenses to number of clients served.
B. Percentage of program expenses to total expenses.
C. Fund-raising expenses as a percentage of public support.
D. Total revenues divided by total expenses.
Answer: A
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Which of the following is true about proper use of the term "countertrade"?
A) The term "countertrade" is interchangeable with "offsets." B) The term "countertrade" is interchangeable with "barter." C) The term "countertrade" is interchangeable with "counterpurchase." D) "Countertrade" is a blanket term that refers to several different types of business transactions. E) The term "countertrade" is interchangeable with "dumping."
Until the time for performance under a contract expires, the seller has a right to cure.?
Indicate whether the statement is true or false
Which one of the following is not a characteristic of Social Security?
A) Benefits are individually selectable by the covered individual. B) Participation is compulsory. C) It can operate on a pay-as-you-go basis with no prefunding. D) Legislative activity may change the benefits.
Swap agreements are one means to help manage risk.
Answer the following statement true (T) or false (F)