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Consider the following unrestricted donations to a not-for-profit health care facility:
a.
Donation of property and equipment.
b.
Donation of substantial amount of medical supplies.
c.
Donation of resources to endow a fund.
d.
Donation of cash to be used to conduct cancer research.
e.
Volunteer provision of services by local high school students involving visiting and reading to patients.
Required:
Using the following format, indicate what entries would be recorded:
Saving Money
The act of reducing expenditure or avoiding unnecessary expenses to build wealth or allocate resources for future needs effectively.
Demonstration Technique
A sales strategy that involves showing a product's features and benefits in action to persuade potential customers of its value.
Curiosity Approach
An approach whereby the salesperson asks a question or does something to make the prospect curious about the product.
Premium
An article of merchandise offered as an incentive to the user to take some action.
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