TEST QUESTIONS AND
CORRECT ANSWERS
GRADED A+ 2025-2026
What does the term "two-life charitable gift annuity (CGA)" mean? - ANS-The donor
buys a CGA for himself and his spouse.
A major gift solicitation plan begins with finding what crucial piece of information in
an individual's file? - ANS-A development officer rating the donor as "qualified"
What best describes a bequest? - ANS-Revocable
Does a donor receive credit for his or her gift when the nonprofit opens the envelope
containing his check? - ANS-No, the donor's date of gift is the postmark on the
envelope
What do the acronyms LYBUNT and SYBUNT stand for? - ANS-Last Year But
Unfortunately Not This and Some Year in the past But Unfortunately Not This—they
are annual fund vocabulary words
When a capital campaign manager begins to assemble a plan to reach a campaign goal,
what is one instrument he or she can use to illustrate what gifts will be needed? - ANS-
A construction schedule with named gift opportunities
What term refers to an individual who becomes the subject of wealth research but is
not yet assigned to a development officer? - ANS-A suspect