Cactus College, a Small Private College, Received a Research Grant

question 13

Multiple Choice

Cactus College, a small private college, received a research grant from NACUBO to study whether service efforts and accomplishments measures improve institutional performance. In accordance with FASB standards the grant would be reported as an increase in:

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

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Definitions:

Promotability

The potential or suitability of an individual to be moved to a higher position or rank within an organization.

Underlying Tendency

The inherent inclination or predisposition towards a particular behavior, pattern, or outcome, often within a psychological or sociological context.

Locus of Control

A psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.

Interpersonal Orientation

The degree to which an individual focuses on and prioritizes the development, maintenance, and enhancement of interpersonal relationships.