A State University Receives an Appropriation for from the State

question 5

Multiple Choice

A state university receives an appropriation for from the state for capital projects of $5 million and a state appropriation for other purposes of $20 million. How should the amounts received be reported in the university's statement of revenues, expenses, and changes in net position?

• A) Operating revenues of $20 million and nonoperating revenues of $5 million.
• B) Operating revenues of $20 million and capital contributions of $5 million.
• C) Nonoperating revenues of $20 million and capital contributions of $5 million.
• D) Nonoperating revenues of $25 million.

---

Definitions:

Extremely Diverse

Referring to a broad spectrum of differences among people or entities, including but not limited to culture, ethnicity, opinions, and skills.

Dual Career

A situation where both partners in a relationship have significant career paths and work responsibilities.

Flexible Benefit Plan

A benefits plan that allows employees to choose from a range of options to create a benefits package tailored to their personal needs and situations.

Total Compensation

The complete pay package for employees, including salary, bonuses, benefits, and any other financial rewards.