CFRE Exam with all Correct & 100% Verified Answers |
Latest Update |Already Graded A+
An 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 placing a check in an envelope and mailing it considered relinquishing control? Yes/No
✔Correct Answer-yes
The general principle is the date that the donor ______________________________ of the
charitable donations is the date of the gift ✔Correct Answer-relinquishes control
What should the donor recognition page of a nonprofit's website always include? ✔Correct
Answer-All donors' names and the giving categories they fall into
Most nonprofits print an annual ______________________ to recognize generous people that
support them ✔Correct Answer-donor list
A development director should / should never speculate about the status of a prospect's life.
Even though donor files are confidential, you never know who might read them. ✔Correct
Answer-should never
A _____________ reveals a nonprofit's financial stability and its expenses. Donors can make
decisions about donations by evaluating a nonprofit's salaries and expenditures. ✔Correct
Answer-form 990
What reveals a nonprofit's income, expenses, and the highest salaries of their administrators,
their board members' names, and total revenues for the last five years? ✔Correct Answer-
form 990
form 990 ✔Correct Answer-reveals a nonprofit's financial stability and its expenses. Donors
can make decisions about donations by evaluating a nonprofit's salaries and expenditures.
Should all nonprofits use the same rates when they run calculations for donors who may be
interested in a charitable gift annuity? ✔Correct Answer-Yes
Latest Update |Already Graded A+
An 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 placing a check in an envelope and mailing it considered relinquishing control? Yes/No
✔Correct Answer-yes
The general principle is the date that the donor ______________________________ of the
charitable donations is the date of the gift ✔Correct Answer-relinquishes control
What should the donor recognition page of a nonprofit's website always include? ✔Correct
Answer-All donors' names and the giving categories they fall into
Most nonprofits print an annual ______________________ to recognize generous people that
support them ✔Correct Answer-donor list
A development director should / should never speculate about the status of a prospect's life.
Even though donor files are confidential, you never know who might read them. ✔Correct
Answer-should never
A _____________ reveals a nonprofit's financial stability and its expenses. Donors can make
decisions about donations by evaluating a nonprofit's salaries and expenditures. ✔Correct
Answer-form 990
What reveals a nonprofit's income, expenses, and the highest salaries of their administrators,
their board members' names, and total revenues for the last five years? ✔Correct Answer-
form 990
form 990 ✔Correct Answer-reveals a nonprofit's financial stability and its expenses. Donors
can make decisions about donations by evaluating a nonprofit's salaries and expenditures.
Should all nonprofits use the same rates when they run calculations for donors who may be
interested in a charitable gift annuity? ✔Correct Answer-Yes
