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:

Humus

Organic component of soil formed by the decomposition of leaves and other plant materials by soil microorganisms.

Phytoremediation

The use of plants to remove, transfer, stabilize, or destroy contaminants in soil, water, or air.

Environmental Contaminants

Pollutants that are present in the environment and can cause harmful effects on wildlife, plants, and human health.

Hypertonic

Describes a solution that has a higher concentration of solutes compared to another solution, causing cells in contact with it to lose water through osmosis.