Management of NonProfit organizations MCQ with Answers

Management of NonProfit organizations MCQ with Answers and assess your knowledge with exam quiz of this subject, so that you can get better marks in your subject.

Question: Non-for-profit organizations prepare

  • A. Trading Account
  • B. Trading & Profit and Loss Account
  • C. Income and Expenditure Account
  • D. All of the above
Answer

Answer C. Income and Expenditure Account

Question: Source of income for a not-for-profit organization is

  • A. Subscription from Member
  • B. Donation
  • C. Entrance Fees
  • D. All of the above
Answer

Answer D. All of the above

Question: Under the___, both internal and external corporate governance mechanisms are intended to induce managerial actions that maximize profit and shareholder value

  • A. Shareholder theory
  • B. Agency theory
  • C. Stakeholder theory
  • D. Corporate governance theory
Answer

Answer A. Shareholder theory

Question: The funds raised by such organizations through various sources are credited to___or___

  • A. Capital Fund & Reserve Fund
  • B. Capital fund or general fund
  • C. Reserve fund or general fund
  • D. Mutual fund & General fund
Answer

Answer B. Capital fund or general fund

Question: Which of the below is not a Good volunteer management practices

  • A. Making volunteer skills with appropriate assignment
  • B. Recognizing the contribution of volunteers
  • C. Measuring the impact of staff annually
  • D. Providing volunteer training and professional development
Answer

Answer C. Measuring the impact of staff annually

Question: Legal status of Nonprofit organization is not seen in___

  • A. Trust
  • B. Society
  • C. Corporation
  • D. Private company
Answer

Answer D. Private company

Question: Corporate Governance is a system of structuring, operating and controlling a company with the specific aims in which one of the below is not the aim

  • A. Fulfilling long-term strategic goals of owners
  • B. Taking care of the interests of share holders
  • C. A consideration for the environment and local community
  • D. Maintaining excellent relations with customers and suppliers
Answer

Answer B. Taking care of the interests of share holders

Question: A board that is elected in a classified system is known as a

  • A. Diversified board
  • C. Staggered board
  • B. Rotating board
  • D. Declassified board
Answer

Answer A. Diversified board

Question: final accounts of a ‘not-for-profit organisation’ consist of the following

  • A. Pro action, Defensive, Reinvestment, Reaction
  • B. Reaction, Defense, Investment, Withdrawal
  • C. Reaction, Defense, Reinvestment, Pro action
  • D. Reaction, Defense, Accommodation, Pro action
Answer

Answer D. Reaction, Defense, Accommodation, Pro action

Question: Non-profit sector accounts for a considerable percentage of national___in many countries

  • A. NNP
  • B. GDP
  • C. NDP
  • D. GNP
Answer

Answer B. GDP

Question: Credit side balance in Income & Expenditure Account reveals

  • A. Excess of cash receipts over payments
  • B. Excess of cash payments over receipts
  • C. Excess of expenditure over income
  • D. Excess of income over expenditure
Answer

Answer D. Excess of income over expenditure

Question: Nonprofit organization need to match volunteer skills with assignments

  • A. True
  • B. False
  • C. Can’t say
Answer

Answer A. True

Question: The chairperson of the board of directors and CEO should be leaders with

  • A. Vision and problem solving skills
  • B. The ability to motivate
  • C. Business acumen
  • D. All of the above
Answer

Answer D. All of the above

Question: An organization that sets the bar too high in its expectations of___may find itself with a severe shortage of this potentially valuable resource

  • A. Staff
  • B. Volunteers
  • C. Labor
  • D. Administrator
Answer

Answer B. Volunteers

Question: Which of the following is not a fundamental role of nonprofit organization?

  • A. They supposed to be independent from government
  • B. These organizations are meant for profit
  • C. They are expected to be value based
  • D. They are setup to serve public or social purpose or public service mission
Answer

Answer B. These organizations are meant for profit

Question: An organization’s appropriate tone at the top promoting ethical conduct is an example of

  • A. Ethics sensitivity
  • B. Ethics incentives
  • C. Ethical behavior
  • D. Consequentiality
Answer

Answer C. Ethical behavior

Question: Which of the following factors is not the duties of nonprofit organization?

  • A. Adhering to the conflict of interest policy
  • B. Not Disclosing all conflicts
  • C. Avoiding the use of the organization’s opportunities for personal gain
  • D. Maintaining confidentiality of information held by the organization
Answer

Answer B. Not Disclosing all conflicts

Question: What are the organization not doing for volunteers

  • A. volunteer skills with assignments
  • B. Failing to recognize volunteer contributions
  • C. Not measuring the value of volunteers
  • D. All of the above
Answer

Answer D. All of the above

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