Which of the Following Terms Is Used to Indicate That

question 62

Multiple Choice

Which of the following terms is used to indicate that a donor provided a gift with explicit instructions that the gift is to be used for a specific purpose by the not-for-profit but the entire amount may be spent right away?

• A) Board-designated net assets.
• B) Permanently restricted net assets.
• C) Endowment assets.
• D) Temporarily restricted net assets.

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Definitions:

1-Butanol

A primary alcohol with the chemical formula C4H9OH, characterized by a four-carbon straight chain terminating in a hydroxyl group.

PhCHO

Formaldehyde with a phenyl group, also known as benzaldehyde, a common organic compound used in synthesis.

Reagents

Substances or compounds added to a system to cause a chemical reaction.

Conjugated π-network

A system where alternating single and double bonds allow electrons to be delocalized across the structure, affecting the molecule's color and reactivity.