10 free CFRE practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
CFRE Practice Test 9Tutor mode
Question 1 of 10
Leadership and Management
A donor gave 500,000 to Unity Scholarship Fund to create a permanent endowed scholarship. After a year of poor market returns, the scholarship committee asks whether it may draw on the 500,000 to keep awards at last year's level. What is the BEST answer?