In Prior Years, a Not-For-Profit Hospital Received Funds from a Donor

question 34

Multiple Choice

In prior years, a not-for-profit hospital received funds from a donor who restricted the use of those funds to providing nursing scholarships. During the current year $8,000 of scholarships were awarded. These scholarships should be reported

• A) As expenses in the nonrestricted fund.
• B) As reductions in the revenue section in the nonrestricted fund.
• C) As expenses in the donor restricted fund.
• D) As expenses in the general fund.

---

Definitions:

Repress Unpleasant Information

The involuntary forgetting or pushing aside of difficult or disturbing facts, thoughts, or memories.

Self-Reported Accounts

Information provided by individuals about themselves, often used in research to gather data on behaviors, attitudes, and experiences.

Confirmation Bias

The propensity to accumulate, perceive, select, and keep in mind information that endorses an individual's longstanding beliefs or propositions.

Cultural Knowledge

A vast store of information, accumulated within a culture, that explains how the world works and why things happen as they do.