Marcia's Quiz

Who is not a financial officer at a chapter level?

• President

• Treasurer

• Financial Secretary

• Audit Chair

The treasurer should deposit funds in the appropriate bank account within ____ business days after

receiving funds from Financial Secretary?

• 3

• 5

• 7

• 10

Electronic payments are acceptable provided that the payments are supported with appropriate

documentation.

• True

• False

Financial documents may be sent via secure electronic solution, using __ , __ ,__, if elects to submit

Chapter financial reports electronically.

• Dropbox

• Google Docs

• Members Only section of the Chapter Website

• All of the Above

Chapters are allowed to have two (2) additional financial officer positions, each of which must be a bonded

financial officer, which officers are the additional position?

• Assistant Treasurer &

  Assistant Financial

  Secretary

• Recording Secretary

• Fund Development

  Chair

• None of these

The Finance Committee is chaired by the Chapter Treasurer. The committee shall include the ___

• Financial Secretary, Program Chair, Immediate Past Treasurer, Immediate Past Financial Secretary, President (ex-officio) and appointed

  members

• Financial Secretary, Program Chair, Chapter

  President, any

  interested member

  
  

• Financial Secretary, Program Chair, President (ex-officio), and

  appointed members

  
  

• Financial Secretary, Assistant Financial Secretary, Assistant Treasurer, Fund Development

The Internal Audit Committee consist of three (3) to five (5) active Chapter members which members are

NOT to serve on the

• Alumnae

• LOA Members

• Current financial

  officers

• All of them

The Links Incorporated is:

• 501(c)

• 501(c)(3)

• 501(c)(4)

• None of the above

GAAP stands for:

• Generally Accepted

  Accounting Procedures

• Grouped Additional

  Assets Policy

• Generally Accepted

  Accounting Principals

• None of the above

The type of Audit required by a Chapter's is determined by:

• Current combined

  bank balances

• Chapter's Gross

  Receipts

• Revenue from

  fundraisers

• Total dues collected

  from Chapter members