Good Care Hospital,which Is Operated by a Religious Organization,received Contributions

question 33

Multiple Choice

Good Care Hospital,which is operated by a religious organization,received contributions of $1,000,000 from donors who stipulated that the cash be used to construct an addition to the hospital.As of the balance sheet date,none of the contributions had been expended for construction.On the hospital's balance sheet,the cash contributions would be disclosed in which of the following classes of net assets?

• A) Temporarily restricted net assets
• B) Donor restricted net assets
• C) Assets whose use is limited
• D) Permanently restricted net assets

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Definitions:

Gas Chromatography Injector

A component of a gas chromatography system that introduces the sample into the flow path of the carrier gas.

Vaporized

Turned into vapor, typically through the application of heat, changing from a liquid or solid state into a gaseous state.

Gas Chromatograph

A gas chromatograph is an analytical instrument used to separate, analyze, and identify compounds in a gaseous sample based on their different boiling points.

Boiling Points

The temperature at which a substance transitions from the liquid phase to the gas phase under standard atmospheric pressure.