A Not-For-Profit University Operates Its College Book-Store as an Auxiliary

question 10

Multiple Choice

A not-for-profit university operates its college book-store as an auxiliary enterprise.During the year the store has revenues of $30 million and expenses of $27 million.In its statement of activities the university should report

• A)operating revenues of $3 million
• B)operating revenues of $30 million
• C)nonoperating revenues of $3 million
• D)nonoperating revenues of $30 million

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Definitions:

Personality Trait

Enduring patterns of thought, emotion, and behavior that distinguish individuals from one another.

Rejection Sensitivity

A personality disposition characterized by a heightened fear of rejection, leading to heightened vigilance to social cues and potential avoidance of social situations.

Social Interactions

The dynamic, reciprocal interactions between two or more individuals, influencing each other's behavior and social outcomes.

Cognitive Processing

The mental action or method of acquiring knowledge and understanding through thought, experience, and the senses.