SFAS No117 Requires That Interest Received on Endowment Funds Be Reported

question 33

Multiple Choice

SFAS No.117 requires that interest received on endowment funds be reported in the statement of cash flows as a(n)

• A)Reconciliation of change in net assets to cash.
• B)Operating activity.
• C)Investing activity.
• D)Financing activity.

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The number of members constituting a group, which can significantly influence the group's function and the behavior of its members.

Satisfactory

An acceptable or adequate level or quality that meets the required standards or expectations.

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Activities designed to enhance personal or professional competencies in a fun and engaging way.

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