127. Service Efforts and Accomplishments reporting is relevant because:
A)SEA reporting provides more complete information about a government entity's performance than can be provided by the basic financial statements.
B)The GASB requires supplemental reporting of service efforts and accomplishments.
C)Enterprise fund statements do not do a good job of measuring efficiency or effectiveness.
D)All of the above.
128.Service Efforts and Accomplishments Reporting is best completed by using
A)A standard single measure to evaluate or present information.
B)A variety of measures which vary from year to year in order to evaluate and present information.
C)Only the information that is favorable to the organization.
D)A variety of measures which are consistent from year to year.
129.All of the following are examples of service outputs, except:
A)Enrollment increases.
B)Dropout rates.
C)The number of gifted or alternative programs.
D)Degrees conferred.
130. A government publishes information about its fire department. What type of service efforts and accomplishments measure would Fire Loss per Capita represent?
A)Input
B)Output
C)Outcome
D)Efficiency
131.A ratio that measures a not-for-profit organization’s solvency is:
A)Net assets/expenses.
B)Program expense ratio.
C)Working capital ratio.
D)Fund-raising efficiency.
132.The program expense ratio is calculated as follows:
A)Total expenses / Program service expenses
B)Program service expenses + supporting service expenses / Total expenses
C)Program service expenses / Total expenses
D)Total expenses / (Program service expenses + supporting service expenses)
133.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.
134.The Museum of Creative Arts had the following expenses: $5,000 of membership development expense, $3,000 of Fund-raising expense, $2,000 of Instructional Classes expense, and $1,500 of general and administrative expense. What is the program expense ratio (rounded)?
A)70%.
B)43%.
C)39%.
D)17%.