During the Current Year, a Voluntary Health and Welfare Organization

question 25

Multiple Choice

During the current year, a voluntary health and welfare organization receives $800,000 in unrestricted pledges.Of this amount, $300,000 has been designated by donors for use next year to support operations in the pharmacy.If 20 percent of the unrestricted pledges are expected to be uncollectible, what amount of unrestricted support should the organizations recognize in its current-year financial statements?

• A)$800,000
• B)$700,000
• C)$500,000
• D)$400,000

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Definitions:

Guilty-knowledge Test

A type of psychological test used to determine if a person has knowledge only someone involved in a crime would have, based on their physiological responses.

Polygraph Test

A method of lie detection that measures and records several physiological indices such as blood pressure, pulse, respiration, and skin conductivity while a person is asked a series of questions.

Aggressive Behavior

Acts that can result in harm or discomfort to others, often characterized by physical or verbal hostility.

Berkowitz's Theory

A psychological theory suggesting that frustration leads to aggression, and the presence of aggressive cues directs this frustration towards aggression.