CFRE Practice Exam | 195
Questions and Answers
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Update
If a donor states that the amount of money an organization is asking for is very
large, the best response is to tell the prospective donor that: - ANSWER-the
amount is large, but emphasize the value and long term impact of the gift.
When is the most appropriate time to begin devoting time and energy into the
development and nurturing of a relationship with a donor? - ANSWER-
Immediately upon receipt of the donor's first gift, irrespective of the gift size
The primary purpose of rating an organization's prospective donors is to
determine their: - ANSWER-potential to give to the organization.
When budgeting the costs for a new fundraising software package, in addition to
the initial purchase and upgrades, a fundraiser also should factor in: - ANSWER-
the cost for maintenance and warranties.
,The primary challenge in maintaining an effective relationship between a donor
and a fundraiser is: - ANSWER-maintaining professional balance in the
relationship.
Based on based giving records, a fundraiser is visiting a prospective major gift
donor for the first time. Because the prospective donor has never been visited by
the organization, the most appropriate strategy is to: - ANSWER-learn about the
prospective donor's interests and link to the organization.
The most essential factor in sending gift acknowledgement letters is: - ANSWER-
speed of delivery.
The first prospects to be asked to support any campaign are the: - ANSWER-board
members
In marketing, what does SWOT analysis stands for? - ANSWER-strength, weakness,
opportunities, threats
In order to be effective, it is essential that the vision and mission be continually
expressed by the organization's: - ANSWER-leadership
When interviewing prospective fundraising employees, it is most important to
avoid: - ANSWER-questions that may be construed as personal.
When developing a specific solicitation plan for an individual donor, the most
important considerations are: - ANSWER-the connection between a prospective
donor's passion and an organization's need.
, When soliciting leadership gifts for an organization, it is most important to: -
ANSWER-enlist the prospect's peers to make the visit.
A governing board's principal relationship is with the organization's: - ANSWER-
chief executive officer.
Which of the following responses best describes three hidden costs encountered
in a capital project? - ANSWER-Fundraising, attrition, and inflation
In the context of rating prospective donors, LAI stands for: - ANSWER-linkage,
ability, interest.
In evaluating fundraising programs, the relationship between fundraising costs
and results is linked to each method used, the maturity of each program, and -
ANSWER-previous performance.
An organization has decided to hire a local fundraising consultant to work in its
office one day per week to oversee and direct a campaign. The CEO has asked you
to ensure the organization's interests are protected. A contract should be written
establishing that the consultant will be paid: - ANSWER-in accordance with a code
of professional ethics.
Establishing the financial range of gifts that a donor will reasonably consider is
referred to as a donor: - ANSWER-rating
Questions and Answers
verified by Expert | Latest
Update
If a donor states that the amount of money an organization is asking for is very
large, the best response is to tell the prospective donor that: - ANSWER-the
amount is large, but emphasize the value and long term impact of the gift.
When is the most appropriate time to begin devoting time and energy into the
development and nurturing of a relationship with a donor? - ANSWER-
Immediately upon receipt of the donor's first gift, irrespective of the gift size
The primary purpose of rating an organization's prospective donors is to
determine their: - ANSWER-potential to give to the organization.
When budgeting the costs for a new fundraising software package, in addition to
the initial purchase and upgrades, a fundraiser also should factor in: - ANSWER-
the cost for maintenance and warranties.
,The primary challenge in maintaining an effective relationship between a donor
and a fundraiser is: - ANSWER-maintaining professional balance in the
relationship.
Based on based giving records, a fundraiser is visiting a prospective major gift
donor for the first time. Because the prospective donor has never been visited by
the organization, the most appropriate strategy is to: - ANSWER-learn about the
prospective donor's interests and link to the organization.
The most essential factor in sending gift acknowledgement letters is: - ANSWER-
speed of delivery.
The first prospects to be asked to support any campaign are the: - ANSWER-board
members
In marketing, what does SWOT analysis stands for? - ANSWER-strength, weakness,
opportunities, threats
In order to be effective, it is essential that the vision and mission be continually
expressed by the organization's: - ANSWER-leadership
When interviewing prospective fundraising employees, it is most important to
avoid: - ANSWER-questions that may be construed as personal.
When developing a specific solicitation plan for an individual donor, the most
important considerations are: - ANSWER-the connection between a prospective
donor's passion and an organization's need.
, When soliciting leadership gifts for an organization, it is most important to: -
ANSWER-enlist the prospect's peers to make the visit.
A governing board's principal relationship is with the organization's: - ANSWER-
chief executive officer.
Which of the following responses best describes three hidden costs encountered
in a capital project? - ANSWER-Fundraising, attrition, and inflation
In the context of rating prospective donors, LAI stands for: - ANSWER-linkage,
ability, interest.
In evaluating fundraising programs, the relationship between fundraising costs
and results is linked to each method used, the maturity of each program, and -
ANSWER-previous performance.
An organization has decided to hire a local fundraising consultant to work in its
office one day per week to oversee and direct a campaign. The CEO has asked you
to ensure the organization's interests are protected. A contract should be written
establishing that the consultant will be paid: - ANSWER-in accordance with a code
of professional ethics.
Establishing the financial range of gifts that a donor will reasonably consider is
referred to as a donor: - ANSWER-rating
