Which of the Following Terms Is Used to Indicate That

question 41

Multiple Choice

Which of the following terms is used to indicate that a donor provided a gift with explicit instructions that the gift is to be used for a specific purpose by the not-for-profit but the entire amount may be spent right away?

• A) Board-designated net assets.
• B) Net assets without donor restrictions.
• C) Endowment assets.
• D) Net assets with donor restrictions.

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Definitions:

Diels-Alder

A chemical reaction between a conjugated diene and a substituted alkene (dienophile) to form a cyclohexene derivative; a fundamental reaction in organic synthesis.

Dienophile

A compound that is attracted to dienes and reacts with them in Diels-Alder reactions, typically characterized by having an electron-deficient double or triple bond.

Diels-Alder

The Diels-Alder reaction is a chemical reaction between a conjugated diene and a dienophile to form a cyclic compound, often used in organic synthesis.

Substrate

A reactant in a chemical reaction upon which enzymes act.