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Chapter 13: Sports Quiz
Test your knowledge of the sports chapter material!
1 / 10
True or false: The financial standing of the owner usually impacts the team too.
Read more on page 141.
Correct!
2 / 10
Which of the following resources is considered the go-to source in sports business coverage?
Answer can be found on page 140.
3 / 10
If you are checking for questionable business relationships, where would you want to look on their filings?
Answer can be found on page 143.
Correct! A nonprofit on Schedule O has to list the compensation of its top five contractors, which are organizations that do business with the nonprofit.
4 / 10
Why might you want to look at the financial records for nonprofit organizations as a sports business reporter?
Answer can be found on page 140 and 143.
Correct! Understanding some of the terms you may find on these financial records can help you better understand what you’re looking at.
5 / 10
True or false: Sports business coverage is exclusive to large cities.
Sports business coverage can also be done well in a town where college sports is king or in small towns where high school sports coverage is front-page news. Read more on page 138.
Correct! Sports business coverage can also be done well in a town where college sports is king or in small towns where high school sports coverage is front-page news.
6 / 10
Which of the following are nonprofits able to run?
Correct! Nonprofits run many college football bowls, booster clubs for universities and colleges, state athletic associations, and high school club teams.
7 / 10
True or false: It’s more important to have a story out first than for it to be completely accurate.
Read more on page 142.
Correct! You may receive pressure to publish quickly, but it’s often better to make sure the story is right.
8 / 10
True or false: You can find out how much a sports nonprofit gives back to their community by looking at their tax forms.
From the tax forms, you can check how much was raised and how much was given away or spent on community services. Read more on page 141.
Correct! You can check how much was raised and how much was given away or spent on community services.
9 / 10
Which of the following resources has annual financial records for more than 1 million nonprofit organizations?
10 / 10
True or false: Unless you can confirm financial data, you should not use it.
Correct! Always double-check what you believe are facts, especially when there isn’t a paper trail to confirm figures.
Your score is
The average score is 78%
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