Private Not-For-Profit (NFP) Entities

question 94

Short Answer

Private Not-For-Profit (NFP) Entities.
Select from this list of terms to answer the following questions.
A. Fair value
B. Unrestricted net assets
C. GASB
D. FASB
E. Statement of Revenues, Expenditures, and Changes in Fund Balance
F. Lower of cost or market
G. Accrual method
H. Statement of Activities
I. General fund, restricted fund, endowment fund
J. Modified accrual method
K. Permanently restricted net assets
L. Temporarily restricted net assets
M. Endowment fund
N. Unrestricted, temporarily restricted, permanently restricted
O. Depreciation
P. Works of art and other historical treasures
Q. General fund
R. Cost
Indicate your choice by entering the letter corresponding to the correct term. A term may be used more than once or not at all.
"Tangible fixed assets not depreciated by a private college or university" describes which term listed above?

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Definitions:

Poor Communication

A failure to convey or exchange information effectively, often leading to misunderstandings and conflicts among individuals or groups.

Interpersonal Communication

The process of exchanging information, feelings, and meanings between people through verbal and/or non-verbal messages.

Nonverbal Communication

Communication without words; includes gestures, facial expressions, body language, and other visual cues.

Unpopular Choices

Options in decision-making that are not preferred or favored by the majority.