Under the Deferral Method of NFP Accounting for Unrestricted Contributions

question 15

Multiple Choice

Under the deferral method of NFP accounting for unrestricted contributions, ________.

• A)revenues are recognized first and then matched to the expenses
• B)revenues are recognized first and then matched to the expenditures
• C)expenses are recognized first and then matched to the revenues
• D)expenditures are recognized first and then matched to the revenues

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Definitions:

Eye Examinations

Medical evaluations performed to assess vision and diagnose eye diseases, involving tests of visual acuity, eye pressure, and examination of the eye's interior.

Safety Strips

Adhesive or non-adhesive strips applied to surfaces to increase traction and minimize the risk of slips and falls, often used in bathrooms and on stairs.

Ankle Restraint

A device used to limit the movement of the ankles to prevent self-harm or disrupt care.

Neurologic Assessment

A systematic evaluation of the nervous system performed by healthcare professionals to detect any abnormalities or dysfunction.