NFP Organizations Can Choose Among Reporting Approaches Contained Within the Framework

question 16

Multiple Choice

NFP organizations can choose among reporting approaches contained within the framework provided by the CICA Handbook. Which of the following is not a consideration in choosing the approach?

• A)Nature of the NFP's operations
• B)Sources of the NFP's funding
• C)The NFP's reporting objectives
• D)Whether or not the NFP uses the restricted fund method of accounting

---

Definitions:

Neural Process

The physiological activities through which neurons communicate, leading to brain functions such as thought, memory, and sensation.

Serial Positioning

The tendency to recall the first and last items in a list better than the middle items.

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit a similar response.

Flashbulb Memory

A highly detailed and vivid memory of a momentous or emotionally significant event, which feels as if it has been captured in a photograph.