Which of the following is a primary objective of endowment accounting and investment management for nonprofit organizations? a) Maximizing short-term gains through aggressive trading strategies. b) Providing immediate financial support for operational expenses. c) Preserving the principal amount while generating income to support the organization's mission. d) Speculating on high-risk investments to increase the endowment's value quickly.
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Which of the following is a primary objective of endowment accounting and investment management for nonprofit organizations? a) Maximizing short-term gains through aggressive trading strategies. b) Providing immediate financial support for operational expenses. c) Preserving the principal amount while generating income to support the organization's mission. d) Speculating on high-risk investments to increase the endowment's value quickly.
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