In the Current Year, the Not-For-Profit Organization (NFP) How to Read

question 63

Multiple Choice

In the current year, the not-for-profit organization (NFP) How to Read Government Financial Reports received both cash of $1,000 and pledges of $2,000 to be used for teaching citizens how to read government financial reports. During the year the organization spent $1,500 teaching citizens to read financial statements. Assuming the NFP has a policy of spending its restricted resources first, in the current year what amount of contributions can be reclassified as without donor restrictions?

• A) $1,000.
• B) $1,500.
• C) $2,000.
• D) $3,000.

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Definitions:

Self-Concept

An individual's understanding and belief about themselves, encompassing self-esteem, self-knowledge, and the perception of one's traits and abilities.

Family Therapist

A psychotherapist specializing in treating family issues and dynamics through family systems theory and therapy approaches.

Family Members

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