Which of the Following Receipts May Properly Be Accounted for as an Increase

question 8

Multiple Choice

Which of the following receipts may properly be accounted for as an increase in unrestricted net assets by a private college?

• A) Student tuition and fees.
• B) Gift from an alumnus for a new college of business building.
• C) Federal grant for genetic research.
• D) Acceptance of assets, the income from which will be paid to the donor.

---

Definitions:

Governance System

A structure or framework for managing, governing, or controlling a company, organization, country, or system.

Premarital Sex

Sexual activity engaged in by individuals before entering into a formal marriage or similar committed relationship.

Structures of Personality

The organization and dynamics of the core traits, behaviors, and tendencies that constitute an individual's personality.

Superego

The Freudian structure of personality that serves as the harsh internal judge of the individual’s behavior; what is often referred to as conscience.