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Chapter 13: Sports Quiz
Test your knowledge of the sports chapter material!
1 / 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.
2 / 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.
3 / 10
True or false: You must have a valid reason to ask for a nonprofit organization’s 990 forms.
Read more on page 141.
Correct!
4 / 10
Which of the following are nonprofit organizations required to file with the IRS?
Correct! Nonprofits must, by law, make their three most recent years of 990 forms available for public viewing.
5 / 10
How would you find out if a sports nonprofit organization or one of its executives has been sued?
Answer can be found on page 141.
Correct! Most of these records are available online.
6 / 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.
7 / 10
Which of the following resources annually ranks the value of professional sports teams?
Answer can be found on page 140.
8 / 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.
9 / 10
Which of the following resources gathers all the salary information of professional athletes?
10 / 10
True or false: The salaries of public university athletic team coaches are public record.
Read more on page 140.
Correct! You can obtain this information by filing a public records request, or accessing any online resources available in your area.
Your score is
The average score is 80%
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