Value Analysis Focuses on the ____________Cost of Providing a Necessary

question 57

Multiple Choice

Value analysis focuses on the ____________cost of providing a necessary function or service.

• A) total
• B) direct
• C) indirect
• D) variable
• E) fixed

---

Definitions:

Unrestricted Donations

Contributions made to not-for-profit organizations without specified constraints, allowing the organization to use the funds at its discretion for any purpose.

Restricted Donations

Contributions given to an organization that are limited in use by the donor to specific projects, purposes, or time frames.

Deferral Method

An accounting practice of postponing the recognition of expenses or revenues to a future period, rather than recording them in the period they occur.

Donated Capital Assets

Assets received as donations by an organization that are used in operations and not resold.