The Increase in Temporarily Restricted Net Assets in 2016 as a Result

question 59

Multiple Choice

The increase in temporarily restricted net assets in 2016 as a result of the fund-raising drive is

• A)$1,200,000.
• B)$1,050,000.
• C)$800,000.
• D)$250,000.

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Definitions:

Expected Rate of Return

The anticipated amount of profit or loss that an investment may generate, based on historical data or statistical analysis.

Booming Economy

An economic state characterized by significant growth, increased employment, and rising consumer confidence and spending.

Recessionary Economy

An economy experiencing a significant decline in activity across the economy, lasting longer than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Stock

A form of investment that indicates one has a stake in a company and entails a portion of the company's assets and profits.