Revenues of a Not-For-Profit Organization Should Be Reported as

question 54

Multiple Choice

Revenues of a not-for-profit organization should be reported as

• A) Increases in one of the two categories of net assets.
• B) Increases in unrestricted net assets.
• C) Increases in expenses.
• D) Increases in permanently restricted net assets.

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Definitions:

Representation Election Results

The outcome of a voting process in which employees decide whether or not to be represented by a union in their workplace.

Standard

Established criteria or norms used as a reference point for measuring quality or performance.

Industrial Unionism

A labor union organizing method where all workers in the same industry, regardless of their particular skills or trades, are organized into a single union.

Single Occupation

A career or job path focused on one particular area of expertise or profession.