Chapter 13

Chapter 13: Sports Quiz

Test your knowledge of the sports chapter material!

1 / 10

True or false: You must have a valid reason to ask for a nonprofit organization’s 990 forms.

False

True

2 / 10

True or false: Unless you can confirm financial data, you should not use it.

False

True

3 / 10

True or false: Sports business coverage is exclusive to large cities.

False

True

4 / 10

Which of the following resources annually ranks the value of professional sports teams?

USAToday.com

Forbes.com

GuideStar.org

SportsBusinessJournal.com

5 / 10

True or false: SEC filings can’t tell you anything about sports.

False

True

6 / 10

If you are checking for questionable business relationships, where would you want to look on their filings?

Reportable compensation

Total expenses

Fund balances

Contractors

7 / 10

Where would you look to see the total amount of money a nonprofit has?

Reportable compensation

None of these

Total revenue

Net assets

8 / 10

How would you find out if a sports nonprofit organization or one of its executives has been sued?

Look up civil lawsuits at the county or federal courthouse

Check the news reports

Nonprofits can’t be sued

Ask the nonprofit organization themselves

9 / 10

True or false: Covering sports business is all about finding who is making what profit.

True

False

10 / 10

Why might you want to look at the financial records for nonprofit organizations as a sports business reporter?

You wouldn’t want to look at nonprofit organizations at all.

Nonprofit organizations can run sports-related businesses in small and large communities.

Players or executives often start their own nonprofit organizations.

Nonprofit organizations often sponsor sports teams.

Your score is

The average score is 78%

Sports

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