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Private Not-For-Profit (NFP) Entities

question 15

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.
"Basis for measuring contributions" describes which term listed above?


Definitions:

Intrinsic Motivation

Motivation driven by an interest or enjoyment in the task itself, rather than relying on external pressures or rewards.

Extrinsic Motivation

Motivation to engage in an activity due to external rewards or pressures, rather than for the activity itself.

Harmonious Family

A family unit characterized by consistent mutual support, understanding, and minimal conflict, leading to a peaceful and cohesive atmosphere.

Social Promotion

The practice of promoting a student to the next grade level regardless of their academic performance, typically to keep them with their age group.

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