In the last two years, your human service organization has offered many more continuing education workshops. At the end of the fiscal year, you end up with a surplus. This is:

Question 16 options:

A) terrible! A nonprofit isn't supposed to have money left over at the end of the fiscal year! 

B) great! You can put it into a "reserves" account for future times when the finances aren't so positive. 

C) a failure on the part of the Chief Financial Officer (CFO). 

D) not great. It means that the Chief Executive Officer (CEO) isn't working collaboratively with the Chief Financial Officer (CFO)

Answer rating: 100% (QA)

The detailed answer for the above question is provided below B great You ca... View the full answer