An Example of an Increase in Net Assets for a Not-For-Profit

question 23

Multiple Choice

An example of an increase in net assets for a not-for-profit organization that would be labeled revenue rather than support is:

• A) An unconditional promise to give.
• B) Investment income.
• C) A restricted gift.
• D) An allocation of funds from the local United Way organization.

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Definitions:

Cab Door Locks

Locking mechanisms specifically designed for the doors of a vehicle's cab.

Chassis Grease

A lubricant used on various parts of a vehicle's chassis to reduce friction and prevent wear.

Penetrating Oil

A low-viscosity oil designed to penetrate tight spaces and loosen rusted or frozen parts.

Cloud Point

The temperature at which some of the fractions in a diesel fuel begin to wax (solidify) and the fuel takes on an opaque appearance. This can cause problems in the fuel subsystem by plugging filters, resulting in engine shutdown. Most diesel fuel conditioners contain cloud point and pour point depressants.