On May 1,the City of Dustin Was Notified of Approval

question 63

Multiple Choice

On May 1,the City of Dustin was notified of approval of a $300,000 federal operating grant,payable on a reimbursement basis as the city expends resources for the intended purpose of the grant.As of May 1,no expenditures had been made for grant purposes.The journal entry to record approval of this grant will include:

• A) A credit to Revenues in the amount of $300,000.
• B) A credit to Deferred Inflow of Resources- Grant Proceeds in the amount of $300,000.
• C) A debit to Grants Receivable in the amount of $300,000.
• D) No journal entry will be made until expenditures for the authorized purpose occur.

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Definitions:

Anxious Attachment

A type of attachment characterized by insecurity and worry about relationships, often stemming from inconsistent caregiving experiences in childhood.

Secure Attachment

A strong and positive emotional bond between a child and their caregiver, characterized by trust and a sense of safety.

Contact Comfort

the psychological and physical benefits derived from close physical contact, such as cuddling or hugging, especially important in infant-caregiver bonding.

Harry Harlow

An American psychologist best known for his research on maternal separation, dependency needs, and social isolation experiments on rhesus monkeys.