The Disclosure,"net Assets Released from Restrictions," Is Reported on Which

question 62

Multiple Choice

The disclosure,"net assets released from restrictions," is reported on which of the following financial statements for a voluntary health and welfare organization?
I.The statement of cash flows.
II.The statement of activities.

• A)I only
• B)II only
• C)Both I and II
• D)Neither I nor II

Understand the roles of caspases in cellular processes.

Comprehend the importance of the cell cycle and its phases in cancer treatment and normal cell function.

Recognize the necessity of external chemical signals for cell division.

Understand the impact of mutations on the cell cycle and tumor suppression proteins.

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Definitions:

Cash Outflow

A decrease in cash is called a cash outflow or a use of cash. When listing a total for a major section of the statement of cash flows, if cash has decreased, the figure is often described as “cash used” in operating activities (or in investing activities or financing activities).

Equity Securities

Financial assets representing ownership interest in an entity, such as stocks.

Statement of Cash Flows

A report detailing how alterations in balance sheet items and revenues influence the cash and cash equivalents, segmented into operations, investments, and funding activities.

Accounting Period

The period of time for which an income statement is prepared.