TAF Finance Workshop Quiz

What does the acronym NGO stand for?

Non-Governmental Organization

National Government Office

Nonprofit Government Organization

National Geographic Organization

Which of the following is NOT a common source of funding for NGOs?

Which financial statement provides information about an NGO's revenues, expenses, and net income?

Income Statement

Balance Sheet

Statement of Cash Flows

Statement of Retained Earnings

Which financial ratio measures an NGO's ability to meet its short-term obligations?

Current Ratio

Debt-to-Equity Ratio

Return on Investment (ROI)

Gross Profit Margin

Which financial statement provides information about an NGO's assets, liabilities, and equity?

Balance Sheet

Income Statement

Statement of Cash Flows

Statement of Retained Earnings

What is the primary goal of financial sustainability for NGOs?

To ensure long-term financial viability

To maximize short-term profits

To minimize operational costs

To achieve immediate financial stability

Which of the following is not a financing activity?

Repayment of long-term debt

Issuance of equity

Investments in businesses

Payment of dividends

What is an annuity?

An investment that has no definite end and a stream of cash payments that continues forever

A stream of cash flows that start one year from today and continue while growing by a constant growth rate

A series of equal payments at equal time periods and guaranteed for a fixed number of years

A series of unequal payments at equal time periods which are guaranteed for a fixed number of years

Which form of financing is allowed from below for a nonprofit organization?

Debt

Issuing Equity Securities

Both above

What is working capital?

Equity Capital + Retained Earnings

Equity Capital - Total Liabilities

Total Assets - Total Liabilities

Current Assets - Current Liabilities

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