A Private Not-For-Profit College or University Would Provide Which of the Following

question 16

Multiple Choice

A private not-for-profit college or university would provide which of the following combinations of financial statements to their users?​

• A)​Statement of Activities; Statement of Financial Position; Statement of Cash Flows
• B)​Statement of Net Assets; Statement of Revenue, Expenses, and Change in Net Assets; Statement of Cash Flows
• C)​Statement of Activities; Statement of Financial Position; Statement of Cash Flows.
• D)​Statement of Net Assets; Statement of Functional Expenses; Statement of Cash Flows

---

Definitions:

Reattributing Responsibility

The process of changing the perceived source or cause of events or actions, often involving shifting blame or credit.

Stress Inoculation Training

A form of cognitive-behavioral therapy designed to help individuals build resilience by learning to cope with anticipated stressors before they occur.

Cognitive Therapy

A type of psychotherapy based on modifying dysfunctional emotions, behaviors, and thoughts through systematic logical-reasoning.

Behavior Modification

A therapeutic approach that seeks to change undesirable behaviors through reinforcement strategies.