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Private Not-For-Profit (NFP) Entities

question 31

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.
"Classification of investment income from endowment investments if there are no donor restrictions as to income" describes which term listed above?

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Understand the concept of distribution channels in international markets.
Evaluate the advantages and disadvantages of independent distribution channels.
Analyze the risk and control trade-off in choosing distribution strategies in new markets.

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