When a Private College or University Has a Foundation,and That

question 90

Multiple Choice

When a private college or university has a foundation,and that foundation receives contributions specifically directed for the benefit of the college or university,

• A) The college or university records no revenue until monies are received from the foundation.
• B) The college or university records an increase in net assets and unearned revenue. When the money is received the unearned revenue is reduced and revenue is recorded.
• C) The college or university must recognize its interest in the contribution as an asset and revenue at the same time as the foundation.
• D) The college or university records receipt of money from the foundation as it would any other contribution of resources.

---

Definitions:

Play Theory

Play theory explores the significance of play in learning and development, suggesting that playful activities are crucial for cognitive, social, and emotional growth.

Motivations

The reasons or driving forces behind individuals' actions or behaviors.

Social Entertainment Zone

Areas within social media or online platforms where users can engage in entertainment activities, such as watching videos or playing games, typically together.

Stickiness

The quality of a website or online platform that engages visitors and encourages them to spend more time or return frequently.