Question : An ---------------- is established when a Not-for-Profit Organisation receives assets from a donor with a condition to pay a specified amount periodically to designated beneficiary or beneficiaries.

Option 1: Annuity Fund

Option 2: Endowment fund

Option 3: Government Grant

Option 4: General Fund

Question : An ---------------- is established when a Not-for-Profit Organisation receives assets from a donor with a condition to pay a specified amount periodically to designated beneficiary or beneficiaries.

Option 1: Annuity Fund

Option 2: Endowment fund

Option 3: Government Grant

Option 4: General Fund

Question : Examples of Restricted Fund are

Option 1: Government Grant

Option 2: Endowment Fund

Option 3: Annuity Fund, Loan Fund, Prize Fund

Option 4: All of the above

Question : Examples of Restricted Fund are

Option 1: Government Grant

Option 2: Endowment Fund

Option 3: Annuity Fund, Loan Fund, Prize Fund

Option 4: All of the above

Question : ----------------- is a fund earmarked for investment in fixed assets or already invested in fixed assets. An example of a Fixed Assets Fund is a Building Fund & Amount invested in fixed assets during the year is transferred to a Capital Fund.

Option 1: Capital fund

Option 2: Fixed assets fund

Option 3: Endowment Fund

Option 4: None  of the above

Question : ----------------- is a fund earmarked for investment in fixed assets or already invested in fixed assets. An example of a Fixed Assets Fund is a Building Fund & Amount invested in fixed assets during the year is transferred to a Capital Fund.

Option 1: Capital fund

Option 2: Fixed assets fund

Option 3: Endowment Fund

Option 4: None  of the above