51.Debt service coverage can only be directly measured from proprietary fund statements.
52.According to GASB, Service Efforts and Accomplishments Reporting is to provide more complete information about a governmental entity’s performance.
53.Service Efforts and Accomplishments Reporting is best completed by usinga variety of measures, which are reported consistently.
54.The program expense ratio for a not-for-profit organization will improve if the organization shifts costs from fund-raising to program expenses.
55.The program expense ratio for a not-for-profit organization will improve if the organization shifts costs from fund-raising to administrative expenses.
56.Fund-raising efficiency is a measure of performance that expresses how much an organization spends in raising a dollar of donations.
57.The program expense ratio is calculated as Program service expenses / Total expenses.
58.The program expense ratio is calculated as (Program service expenses + supporting service expenses) / Total expenses.
59.The program expense ratio is calculated as follows: Total expenses / (Program service expenses + supporting service expenses).
60.Supporting expenses are included in the numerator of the program expense ratio.