Use the Following Information to Answer Questions

question 29

Multiple Choice

Use the following information to answer Questions
United Charities' annual fund raising drive in 2010 raised pledges of $1,200,000 of which $800,000 were collected in 2010 and $200,000 were collected in 2011.United Charities estimates $150,000 of the remaining pledges will never be collected.
-In 2011, the change in unrestricted net assets is

• A)$0
• B)$200,000 increase.
• C)$200,000 decrease.
• D)$1,000,000 increase.

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Definitions:

Periodic Table

A tabular arrangement of chemical elements, ordered by their atomic number, electron configuration, and recurring chemical properties.

Nonmetals

Elements that lack metallic properties and are typically poor conductors of heat and electricity.

Human Right

A right that is believed to belong justifiably to every person, encompassing basic freedoms and protections that should be upheld by all societies.

Security Laws

Regulations designed to protect investors, ensure fair market operations, and prevent financial frauds, governing the trade of stocks, bonds, and other securities.