Exam (elaborations)
CFRE PRACTICE EXAM QUESTIONS AND ANSWERS
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CFRE PRACTICE EXAM QUESTIONS ANDANSWERS
If a donor expresses concern about the amount of money requested by an
organization, the ideal reaction is to remind the prospective donor that: - ANSWER
the sum is big, but emphasize the value and long-term impact of the donation.
When is the best moment to start dedicating time and energy to building and
nurturing a relationship with a donor? - ANSWER: Immediately upon receipt of the
donor's initial gift, regardless of its size.
The major goal of grading an organization's prospective donors is to determine
their ability to give to the organization.
When planning for a new fundraising software package, in addition to the initial
purchase and updates, a fundraiser should consider the following: - The cost of
maintenance and warranties.
The biggest problem in maintaining an effective relationship between a contributor
and a fundraiser is to maintain professional balance.
According to giving statistics, a fundraiser is making their first visit to a potential
big contribution giver. Because the prospective contributor has never been visited
by the organization, the best technique is to: - ANSWER more about the
prospective donor's interests and connect with the organization.
The most important component in sending gift acknowledgement letters is the
speed of delivery.
The first prospects to be solicited to support any campaign are: ANSWER board
members.
,In marketing, what does SWOT analysis stand for? - Answer: strength, weakness,
opportunity, threats.
To be effective, the vision and mission must be consistently stated by the
organization's: - ANSWER leadership.
When interviewing prospective fundraising personnel, it is critical to avoid:
answering questions that may be perceived as personal.
When creating a personalized solicitation plan for an individual contributor, the
most crucial factors to consider are: - the connection between a prospective donor's
passion and an organization's need.
When soliciting leadership contributions for an organization, it is critical to: -
ANSWER invite the prospect's peers to attend the visit.
A governing board's primary relationship is with the organization's - ANSWER
CEO.
Which of the following ANSWERs accurately characterizes three hidden expenses
in a capital project? - ANSWER Fundraising, attrition, and inflation.
In the context of evaluating prospective donors, LAI stands for: ANSWER linkage,
ability, and interest.
When reviewing fundraising programs, the relationship between fundraising
expenditures and results is dependent on the approach chosen, the maturity of the
program, and previous performance.
, An organization has opted to engage a local fundraising consultant to manage and
direct a campaign from its office one day each week. The CEO has requested you
to ensure that the organization's interests are protected. A contract should be
established stating that the consultant will be compensated by a code of
professional ethics.
A donor rating is established by determining the financial range of gifts that a
donor will realistically consider.
The most critical aspect of a direct mail campaign is to answer the list of potential
new donors.
Which strategy is the most beneficial for developing a two-way relationship with a
donor? - ANSWER: Allowing the donor to choose the time, frequency, and
technique.
When picking a firm for contracted services, it is best to begin with: ANSWER
recommendations.
The most crucial open channel of communication is between the fundraising
director and the organization's - ANSWER CEO.
Before beginning to create the case for support for a forthcoming campaign, it is
critical to: - ANSWER get a grasp of the different donor target markets.
Which of the following is the most important aspect determining the success of a
capital campaign? - ANSWER: Board leadership.
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