The Statement of Net Assets for a Nongovernment Nonprofit Organization

question 34

Multiple Choice

The statement of net assets for a nongovernment nonprofit organization would report the following components of net assets except

• A) Unrestricted net assets.
• B) Temporarily restricted net assets.
• C) Net investment in capital assets.
• D) Permanently restricted net assets.

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Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

Sense of Humor

An individual's ability to perceive, enjoy, or express what is funny, amusing, or ludicrous.

Neuroticism

A personality trait characterized by the tendency to experience negative emotions such as anxiety, anger, or depression.

Extraversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of emotional expressiveness.