The Transactions Described in the Following Questions Occurred in a Voluntary

question 52

Multiple Choice

The transactions described in the following questions occurred in a voluntary health and welfare organization during the year ended December 31,20X8.For each transaction,indicate its effect(s) on the organization's statement of activities prepared for the year ended December 31,20X8.List all effects of transactions affecting more than one class of net assets.Indicate your choice(s) by entering the letter corresponding to the effects listed here:
Effects of Transactions on Statement of Activities
-Endowment income was earned.The donor specified that the income be used for community service.

• A)Increases net assets with donor restrictions.
• B)Decreases net assets with donor restrictions.
• C)Increases net assets without donor restrictions.
• D)Decreases net assets without donor restrictions.
• E)Transaction is not reported on the statement of activities.

Acknowledge the role of alternative energy sources and their advantages and disadvantages.

Understand the criteria that classify a rock as an ore.

Describe the environmental benefits and challenges of hydroelectric dams.

Familiarize with the process and significance of enriching uranium for energy production.

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Definitions:

Responsibility

An obligation to carry out duties or tasks effectively and being accountable for the outcomes.

Outcomes

are the results or consequences of actions taken by individuals or organizations.

Perceptions

The process of becoming aware of something via the senses; a way of understanding or interpreting something.

Performance Appraisal

The process of evaluating and documenting an employee's performance, to provide feedback, determine developmental needs, and guide decision-making about promotions, bonuses, or terminations.