A Gift-In-Kind,for Which the Not-For-Profit Entity Has No Discretion on Disposition,should

question 25

Multiple Choice

A gift-in-kind,for which the not-for-profit entity has no discretion on disposition,should be accounted for by the not-for-profit,nongovernmental entity as

• A)a special purpose contribution.
• B)an exchange transaction.
• C)an agency transaction.
• D)a conditional promise to give.

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Definitions:

Prescription Medications

Drugs that are legally available only with an order from a licensed healthcare professional.

Teratogen

An agent or factor that causes malformation of an embryo or fetus, such as certain drugs, infections, or chemicals.

Genotype Susceptibility

The predisposition of individuals with certain genotypes to develop specific diseases or health conditions.

Dose Effect

The relationship between the dose of a drug or agent and its overall effect on the body, indicating how incremental doses increase or decrease the response.