How Is the Receipt of an Unconditional Pledge to Contribute

question 126

Multiple Choice

How is the receipt of an unconditional pledge to contribute to a private not-for-profit organization recorded?

• A) As revenue when pledged.
• B) Not recorded until received.
• C) As unearned revenue when pledged.
• D) None of the above.

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Definitions:

Ethics Program

A structured system within organizations designed to guide behavior and decision-making according to established ethical standards.

Detecting Misconduct

The process of identifying and addressing unethical or illegal actions taken by individuals within an organization.

Ethical Decision Making

Conducting evaluations and making decisions between alternatives that comply with moral values.