Cactus College,a Small Private College,received a Research Grant from NACUBO

question 38

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) Unrestricted net assets.
• B) Temporarily restricted net assets.
• C) Permanently restricted net assets.
• D) Unrestricted designated net assets.

---

Definitions:

HRM System

Human Resource Management System, a constellation of software and procedures for managing an organization's employee-related tasks, including recruitment, payroll, and performance management.

Organizational Environment

The set of external and internal factors that influence an organization's operations, including economic, technological, sociocultural, and legal elements, among others.

Horizontal Alignment

The coordination and integration of strategies, processes, and activities across different departments or functional areas within an organization.

Workforce Forecasting

The process of predicting an organization’s future employment needs in order to help ensure that it has the right number of workers with the right skills at the right time.