The Transactions Described in the Following Questions Occurred in a Voluntary

question 121

Short Answer

The transactions described in the following questions occurred in a voluntary health and welfare organization during the year ended December 31, 20X8. For each transaction, indicate its effect(s) on the organization's statement of activities prepared for the year ended December 31, 20X8. List all effects of transactions affecting more than one class of net assets. Indicate your choice(s) by entering the letter corresponding to the effects listed here:
Effects of Transactions on Statement of Activities
A. Increases unrestricted net assets.
B. Decreases unrestricted net assets.
C. Increases temporarily restricted net assets.
D. Decreases temporarily restricted net assets.
E. Increases permanently restricted net assets.
F. Decreases permanently restricted net assets.
G. Transaction is not reported on the statement of activities.
Incurred fund-raising costs.

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Definitions:

Variable-Interval Schedule

A reinforcement schedule in operant conditioning where responses are rewarded after unpredictable intervals of time.

Fixed-Ratio Schedule

In behavioral psychology, it's a schedule of reinforcement where a response is reinforced only after a specified number of responses, promoting a high and steady rate of response.

Reinforcing

In behavioral psychology, refers to any consequence that strengthens or increases the likelihood of a behavior being repeated.

Partial Reinforcement

A conditioning schedule in which a reward is not administered every time the desired behavior is performed, leading to more resistant behavioral patterns.