Which of the Following Would Be Reported as an Asset

question 15

Multiple Choice

Which of the following would be reported as an Asset with Restrictions on Use?

• A) A cash contribution for a program activity, such as diabetes research.
• B) A cash contribution for a new building.
• C) Cash restricted by debt covenants with lenders.
• D) Cash restricted by the board for purchase of new computer equipment.

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Definitions:

Aversion Conditioning

A method of behavioral therapy that involves associating a negative reaction with a particular stimulus in order to reduce or eliminate undesirable behavior.

Electric Shock

A sudden discharge of electricity through a part of the body, which can cause injury or trauma depending on its intensity.

Cigarette Case

A small box or container used to carry cigarettes, often made of metal or leather, and sometimes used as a personal accessory.

Systematic Desensitization

A behavioral therapy technique used to gradually reduce phobia or anxiety through the use of relaxation exercises and controlled exposure to the feared object or situation.