According to Continuity Theory, Which of the Following Is False

question 60

Multiple Choice

According to continuity theory, which of the following is false?

• A) Continuity involves adapting to changes in attitudes, values, and beliefs.
• B) Continuity involves adapting to changes activities and environment.
• C) Continuity implies an absence of change.
• D) Continuity involves coping with discontinuity because of illness or disability.

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Definitions:

Contributed Services

Services provided by volunteers or donated resources that are typically not paid for but are recorded in the financial statements if they create or enhance a nonfinancial asset or require specialized skills.

Permanent Endowment

A donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose.