Question 1

Who did Herman and Heimovics find as being responsible for the organization's success or failure?

Accepted Answer

A)  board 
B)  shareholders 
C)  marketing department 
D)  the chief executive officer 
A)  board 
B)  shareholders 
C)  marketing department 
D)  the chief executive officer D

Question 2

An ex officio seat on a board is held by ______.

Accepted Answer

A)  a randomly selected individual 
B)  the highest ranking officer in the organization 
C)  an individual appointed by the most senior member of the board 
D)  an unappointed individual who holds the seat by virtue of their position 
A)  a randomly selected individual 
B)  the highest ranking officer in the organization 
C)  an individual appointed by the most senior member of the board 
D)  an unappointed individual who holds the seat by virtue of their position D

Question 3

An excess benefit transaction occurs when ______.

Accepted Answer

A)  a service contract exceeds financial limits 
B)  an organization exceeds its fundraising goals 
C)  an organization goes above and beyond to meet its mission 
D)  employee compensation exceeds the value of services provided 
A)  a service contract exceeds financial limits 
B)  an organization exceeds its fundraising goals 
C)  an organization goes above and beyond to meet its mission 
D)  employee compensation exceeds the value of services provided D

Question 4

Nonprofits file a Form 990 with the Internal Revenue Service when their annual revenues exceed $100,000.

Accepted Answer

A) True 
 B)False

Question 5

According to Worth, today's boards are expected to raise money and ______.

Accepted Answer

A)  motivate the nonprofit organization's members 
B)  be more aggressive in monitoring performance 
C)  cooperate with the organization's staff and volunteers 
D)  increase communication levels between the board and the community 
A)  motivate the nonprofit organization's members 
B)  be more aggressive in monitoring performance 
C)  cooperate with the organization's staff and volunteers 
D)  increase communication levels between the board and the community

Question 6

Compare and contrast the various types of boards discussed in Chapter 4.

Accepted Answer

In Chapter 4, various types of boards ar

Question 7

The Sarbanes-Oxley Act has a provision protecting whistle-blowers.

Accepted Answer

A) True 
 B)False

Question 8

A nonprofit board asked an outside consulting organization to assess the nonprofit's program performance. Which best practice is the board applying?

Accepted Answer

A)  revitalization 
B)  results-oriented 
C)  strategic thinking 
D)  independent-mindedness 
A)  revitalization 
B)  results-oriented 
C)  strategic thinking 
D)  independent-mindedness

Question 9

A lawyer retired from a law firm and then volunteered to oversee a nonprofit's legal records. The lawyer is performing the duties of a ______.

Accepted Answer

A)  bookkeeper 
B)  corporate clerk 
C)  sergeant-at-arms 
D)  corporate secretary 
A)  bookkeeper 
B)  corporate clerk 
C)  sergeant-at-arms 
D)  corporate secretary

Question 10

Establishing the nonprofit's mission is the responsibility of the organization's ______.

Accepted Answer

A)  board 
B)  members 
C)  chief executive officer 
D)  human resources department 
A)  board 
B)  members 
C)  chief executive officer 
D)  human resources department

Question 11

Outline the pros and cons of a nonprofit organization electing its board members. Discuss the challenges a chief executive officer in such an organization might face.

Accepted Answer

Nonprofit organizations electing their b

Question 12

Give an example of a conflict of interest that may occur within a nonprofit organization. Explain how a well-managed organization might handle such a conflict.

Accepted Answer

An example of a conflict of interest tha

Question 13

What legal concept states officers cannot unreasonably benefit from the organization's funds?

Accepted Answer

A)  obedience 
B)  private inurement 
C)  conflict of interest 
D)  intermediate sanctions 
A)  obedience 
B)  private inurement 
C)  conflict of interest 
D)  intermediate sanctions

Question 14

In 2009, the Internal Revenue Service revised which form to be a financial and governance report?

Accepted Answer

A)  Form 1040V, Payment Voucher 
B)  Form 1040, U.S. Individual Income Tax Return 
C)  Form 1023, Application for Recognition of Exemption 
D)  Form 990, Return of Organization Exempt From Income Tax 
A)  Form 1040V, Payment Voucher 
B)  Form 1040, U.S. Individual Income Tax Return 
C)  Form 1023, Application for Recognition of Exemption 
D)  Form 990, Return of Organization Exempt From Income Tax

Question 15

According to BoardSource, exceptional boards ensure congruence between its ______.

Accepted Answer

A)  decisions and core values 
B)  direction and its financial goals 
C)  volunteers and members of the board 
D)  governance duties and organizational priorities 
A)  decisions and core values 
B)  direction and its financial goals 
C)  volunteers and members of the board 
D)  governance duties and organizational priorities

Question 16

Examine the three legal duties of a nonprofit board.

Accepted Answer

The three legal duties of a nonprofit bo

Question 17

One responsibility of a nonprofit board member is to supervise volunteers.

Accepted Answer

A) True 
 B)False

Question 18

Select a nonprofit organization and apply the four areas of Carver's model of policy governance regarding the development and maintenance of policies.

Accepted Answer

One nonprofit organization that could be

Question 19

A nonprofit board hired a consultant to help the directors identify new ways to improve organizational performance. According to Chait, the board is operating in what type of mode?

Accepted Answer

A)  strategic 
B)  fiduciary 
C)  evaluation 
D)  generative 
A)  strategic 
B)  fiduciary 
C)  evaluation 
D)  generative

Question 20

Draw a diagram of Bradshaw's five board configurations.

Accepted Answer

Bradshaw's five board configurations ref

Who did Herman and Heimovics find as being responsible for the organization's success or failure?

An ex officio seat on a board is held by ______.

An excess benefit transaction occurs when ______.

Nonprofits file a Form 990 with the Internal Revenue Service when their annual revenues exceed $100,000.

According to Worth, today's boards are expected to raise money and ______.

Compare and contrast the various types of boards discussed in Chapter 4.

The Sarbanes-Oxley Act has a provision protecting whistle-blowers.

A nonprofit board asked an outside consulting organization to assess the nonprofit's program performance. Which best practice is the board applying?

A lawyer retired from a law firm and then volunteered to oversee a nonprofit's legal records. The lawyer is performing the duties of a ______.

Establishing the nonprofit's mission is the responsibility of the organization's ______.

Outline the pros and cons of a nonprofit organization electing its board members. Discuss the challenges a chief executive officer in such an organization might face.

Give an example of a conflict of interest that may occur within a nonprofit organization. Explain how a well-managed organization might handle such a conflict.

What legal concept states officers cannot unreasonably benefit from the organization's funds?

In 2009, the Internal Revenue Service revised which form to be a financial and governance report?

According to BoardSource, exceptional boards ensure congruence between its ______.

Examine the three legal duties of a nonprofit board.

One responsibility of a nonprofit board member is to supervise volunteers.

Select a nonprofit organization and apply the four areas of Carver's model of policy governance regarding the development and maintenance of policies.

A nonprofit board hired a consultant to help the directors identify new ways to improve organizational performance. According to Chait, the board is operating in what type of mode?

Draw a diagram of Bradshaw's five board configurations.

Nonprofit Management As a Profession and a Field of Study

Overview of the Nonprofit Sector

Theories of the Nonprofit Sector and Nonprofit Organizations

Executive Leadership

Ensuring Accountability and Measuring Performance

Developing Strategy, Building Capacity, and Managing Risk

Collaborations, Partnerships, and Mergers

Managing Staff and Service Volunteers

Marketing and Communications

Advocacy and Lobbying

Financial Management

Philanthropic Fundraising

Social Enterprise and Earned Income

Government Grants and Contracts

Social Entrepreneurship and Innovation

Governing and Managing International and Global Organizations

Filters

Exam 4: Nonprofit Governing Boards

Who did Herman and Heimovics find as being responsible for the organization's success or failure?

An ex officio seat on a board is held by ______.

An excess benefit transaction occurs when ______.

Nonprofits file a Form 990 with the Internal Revenue Service when their annual revenues exceed $100,000.

According to Worth, today's boards are expected to raise money and ______.

Compare and contrast the various types of boards discussed in Chapter 4.

The Sarbanes-Oxley Act has a provision protecting whistle-blowers.

A nonprofit board asked an outside consulting organization to assess the nonprofit's program performance. Which best practice is the board applying?

A lawyer retired from a law firm and then volunteered to oversee a nonprofit's legal records. The lawyer is performing the duties of a ______.

Establishing the nonprofit's mission is the responsibility of the organization's ______.

Outline the pros and cons of a nonprofit organization electing its board members. Discuss the challenges a chief executive officer in such an organization might face.

Give an example of a conflict of interest that may occur within a nonprofit organization. Explain how a well-managed organization might handle such a conflict.

What legal concept states officers cannot unreasonably benefit from the organization's funds?

In 2009, the Internal Revenue Service revised which form to be a financial and governance report?

According to BoardSource, exceptional boards ensure congruence between its ______.

Examine the three legal duties of a nonprofit board.

One responsibility of a nonprofit board member is to supervise volunteers.

Select a nonprofit organization and apply the four areas of Carver's model of policy governance regarding the development and maintenance of policies.

A nonprofit board hired a consultant to help the directors identify new ways to improve organizational performance. According to Chait, the board is operating in what type of mode?

Draw a diagram of Bradshaw's five board configurations.

Nonprofit Management As a Profession and a Field of Study

Overview of the Nonprofit Sector

Theories of the Nonprofit Sector and Nonprofit Organizations

Executive Leadership

Ensuring Accountability and Measuring Performance

Developing Strategy, Building Capacity, and Managing Risk

Collaborations, Partnerships, and Mergers

Managing Staff and Service Volunteers

Marketing and Communications

Advocacy and Lobbying

Financial Management

Philanthropic Fundraising

Social Enterprise and Earned Income

Government Grants and Contracts

Social Entrepreneurship and Innovation

Governing and Managing International and Global Organizations

Filters