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    Essentials of Accounting Study Set 3
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    Exam 13: Auditing, Tax-exempt Organizations, and Evaluating Performance
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    A Measure of Performance That Expresses How Much an Organization
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A Measure of Performance That Expresses How Much an Organization

Question 22

Question 22

Multiple Choice

A measure of performance that expresses how much an organization expends in raising a dollar of donations is:


A) Fund-raising efficiency.
B) Program expense ratio.
C) Working capital ratio.
D) None of the above.

Correct Answer:

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