A Government Is the Recipient of a Bequest of a Multi-Story

question 12

Multiple Choice

A government is the recipient of a bequest of a multi-story office building that the government intends to use as a new city hall.The building has a historical cost of $850,000; a book value in the hands of the benefactor of $700,000; and a fair value of $1,050,000.The city should recognize on its governmental fund financial statements donations revenue of

• A)$-0-.
• B)$700,000.
• C)$850,000.
• D)$1,050,000.

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Definitions:

Assessment Techniques

Methods and tools used to evaluate individuals’ cognitive, emotional, and behavioral functioning, often for diagnostic and treatment planning purposes.

Functional Analysis

In psychology, a method used to understand the purpose or outcome of a behavior by considering its antecedents and consequences within the environment.

Behavior Assessment

A method used in psychology to systematically evaluate and measure an individual's actions or reactions in various scenarios.

Functional Analysis

A method in behavioral psychology for identifying the causes and purposes of behaviors by analyzing their antecedents and consequences.