Use the Following Information to Answer Questions

question 8

Multiple Choice

Use the following information to answer Questions
Kale Hospital, a not-for-profit entity, received a pledge from a donor in support of a fund raising effort by the Hospital to finance construction of a new facility for cancer treatment.The donor promised to pay $2 million in equal annual installments of $200,000 over the next 10 years.The present value of the gift at the risk-free interest rate is $1,472,000.
-The amount of restricted revenue that should be recognized by Kale in the year of the gift is

• A)$2 million.
• B)$1,472,000.
• C)$200,000.
• D)$0.

---

Definitions:

Moral Perspective

An individual's viewpoint on right and wrong, shaped by personal values, cultural norms, and life experiences.

Interpersonal Communication

The process by which people exchange information, feelings, and meaning through verbal and non-verbal messages in face-to-face contexts.

Connectedness

The state or quality of being connected or interconnected, often referring to social bonds or communication networks.

Superego

The superego is a component of Sigmund Freud's psychoanalytic theory, representing the ethical or moral self that contains societal norms and ideals internalized by individuals.