With Respect to the Endowment Fund, Which of the Following

question 25

Multiple Choice

With respect to the endowment fund, which of the following statements is true?

• A)Endowment contributions are treated the same way under both the deferral method and the restricted fund method.
• B)Endowment contributions are recognized as revenue under the deferral method and as revenue in a restricted fund under the restricted fund method.
• C)Endowment contributions are recognized as a direct increase to net assets under the deferral method and as revenue to the endowment fund under the restricted fund method.
• D)Endowment contributions are recognized as revenue under the deferral method and as a direct increase to net assets under the restricted fund method.

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Definitions:

Sputum

Mucus that is coughed up from the lower airways (bronchi and lungs), often used in medical testing to detect pathogens or abnormalities.

Bronchitis

An inflammation of the bronchial tubes in the lungs, usually caused by infection or exposure to irritants.

Preterm Labor

The condition of a pregnant woman going into labor before 37 weeks of gestation, potentially leading to premature birth.

Respiratory Distress Syndrome

A serious condition where the lungs cannot provide sufficient oxygen to the body's blood, often seen in premature infants.