The Increase in Temporarily Restricted Net Assets in 2013 as a Result

question 29

Multiple Choice

The increase in temporarily restricted net assets in 2013 as a result of the fund-raising drive is

• A)$1,200,000.
• B)$1,050,000.
• C)$800,000.
• D)$250,000.

---

Definitions:

Aluminum Ore

The natural mineral compound from which aluminum is extracted, primarily bauxite.

Aluminum Futures

Contracts to buy/sell aluminum at a future date at a price agreed upon today, used for hedging or speculation on the aluminum market.

Short

Refers to short selling, a strategy used by investors who anticipate a stock's price will decline, allowing them to buy back at a lower price.

CME Weather Futures

Financial derivatives traded on the Chicago Mercantile Exchange that allow for hedging or speculation on weather-related risks.