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Week 8 Final exam
1.Question (TCO A) Describe the legal basis and tax status of a nonprofit organization. Explain the process of becoming exempt.
Question 2. (TCO B) Describe the similarities and differences between a nonprofit and for-profit governing board.
Question 3. (TCO C) Define the strategic planning process in a nonprofit organization.
Question 4. (TCO D) Discuss the purposes of an external audit. Include an explanation of who usually conducts this type of audit and what is usually included.
Question 5.(TCO E) Explain some of the advantages and disadvantages for a nonprofit organization to create and maintain an active website.
Question 6. (TCO F) Discuss the importance of using volunteers in a nonprofit organization.