Which of the Following Statements Is False

question 64

Multiple Choice

Which of the following statements is false?

• A) A contribution is recorded as revenue when the promise to give is unconditional.
• B) Fixed assets acquired with either unrestricted or restricted sources may ONLY be recorded initially as temporarily restricted and then reclassified in accordance with the depreciation schedule.
• C) Museum and other inexhaustible collections may or may not be capitalized and recorded in the accounts.
• D) If services are required for student aid (i.e. Graduate assistantships), the revenue account is shown at the gross amount, and an expense is charged.

---

Definitions:

Injury

Physical harm or damage to the body caused by external force or substance.

Laterality

Refers to the side on which bodily organs or structures are located, distinguished as left or right.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, such as heart rate, digestion, and respiratory rate, consisting of sympathetic and parasympathetic divisions.

Voluntary

Voluntary refers to actions or movements made by conscious choice or decision, not compelled by external forces.