Which of the Following Receipts May Properly Be Accounted for as an Increase

question 1

Multiple Choice

Which of the following receipts may properly be accounted for as an increase in unrestricted net assets?

• A)Student tuition and fees.
• B)Gift from an alumnus for a new college of business building.
• C)Federal grant for genetic research.
• D)Acceptance of assets,the income from which will be paid to the donor.

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Definitions:

Beliefs

Pieces of information about something; facts or opinions

Self-Protection

Trying to avoid loss of esteem.

Self-Enhancement

A psychological process whereby individuals seek to improve their self-esteem or self-worth through personal development, achievements, or by acquiring favorable views from others.

Narcissistic Personality

A personality disorder characterized by a long-term pattern of exaggerated self-importance, need for admiration, and a lack of empathy toward others.