A Public University Had Tuition and Fees for the Year

question 12

Multiple Choice

A public university had tuition and fees for the year ended June 30, 2015, in the amount of $27,000,000.Scholarships, for which no services were required, amounted to $2,100,000.Graduate assistantships, for which services were required, amounted to $1,950,000.The amount to be reported by the university as net tuition and fee revenue would be

• A)$27,000,000
• B)$25,050,000
• C)$24,900,000
• D)$22,950,000

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Definitions:

Trophoblast

Outer membrane surrounding the embryo in mammals; when thickened by a layer of mesoderm, it becomes the chorion, an extraembryonic membrane.

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A medical test used to determine if a woman is pregnant, typically by detecting the presence of hCG hormone in urine or blood.

Blastocyst

Early stage of human embryonic development that consists of a hollow, fluid-filled ball of cells.

Human Embryo

The early stage of development in humans from the moment of conception until the end of the eighth week, when it is then referred to as a fetus.