Carl City Received $200,000 to Help Maintain a Local Art

question 69

Multiple Choice

Carl City received $200,000 to help maintain a local art museum that is owned and operated by a not-for-profit organization. During the year the city transferred net earnings of $20,000 to the appropriate entity/fund.
-The $20,000 transfer would be reported by the fund that made the transfer as a (an)

• A) Transfer-out.
• B) Expenditure.
• C) Deduction from net position-benefits.
• D) Expense.

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Definitions:

Yerkes-Dodson Law

The psychological principle stating that performance is best under conditions of moderate arousal rather than either low or high arousal.

Moderate Arousal

Refers to an optimal level of alertness or physical and mental activation at which performance on a task is best.

Cholecystokinin (CCK)

a hormone that is released by the intestines in response to eating certain foods and stimulates the digestion of fat and protein.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driving individuals to pursue and achieve their objectives.