In Accordance with ASC 958,pledges,which Are Temporarily Restricted by Donors,are

question 66

Multiple Choice

In accordance with ASC 958,pledges,which are temporarily restricted by donors,are reported as increases in temporarily restricted net assets on the statement of activities of a voluntary health and welfare organization when the

• A) pledges are received in cash.
• B) cash received from the pledges is expended in accordance with the donors' wishes.
• C) pledges are made by the donors.
• D) cash is received from the pledges is transferred to unrestricted net assets.

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Definitions:

Unpleasant Situation

A scenario or event that is disagreeable, uncomfortable, or causes distress to an individual.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise.

External Rewards

Benefits or incentives provided by an external source, such as money, praise, or recognition, that motivate behavior.

Psychology

The scientific study of the mind and behavior, encompassing various aspects of human experience, mental functions, and characteristics.