Which of the Following Is True for a Nongovernment, Not-For-Profit

question 23

Multiple Choice

Which of the following is true for a nongovernment, not-for-profit organization?

• A) Revenues and expenses may be reported in changes in net assets without donor restrictions.
• B) Revenues and expenses may be reported in changes in net assets with donor restrictions.
• C) Expenses and net assets released from restrictions may be reported in changes in net assets with donor restrictions.
• D) Expenses may be reported in changes in net assets without donor restrictions or in changes in net assets with donor restrictions.

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Definitions:

Experimental Situation

A controlled environment where variables are manipulated to test hypotheses and observe outcomes in research.

Typical Behavior

Actions or reactions that are considered normal or expected within a specific society or among a particular group of people.

Validity

The scientific requirement that the data being collected must actually reflect the phenomenon being studied.

Intelligence

The capacity for learning, reasoning, understanding, and similar forms of mental activity; aptitude in grasping truths, relationships, facts, meanings, etc.