Tuition Scholarships for Which There Is No Intention of Collection

question 50

Multiple Choice

Tuition scholarships for which there is no intention of collection from the student should be classified by a private university as

• A) Reductions of gross revenue to arrive at net revenue.
• B) Revenues and expenditures.
• C) Revenues and expenses.
• D) Reductions of gross revenue or as expenses provided they are consistently classified in the same manner from year to year.