A Private,not-For-Profit Hospital Received a Contribution of $40,000 on June

question 33

Multiple Choice

A private,not-for-profit hospital received a contribution of $40,000 on June 15,2008.The donor restricted the contribution to funding research activities currently being performed by the hospital.For the year ended December 31,2008,the hospital spent $30,000 of the contribution on research activities.The hospital expended the remaining $10,000 on research activities in January of 2009.
-Refer to the above information.On the statement of changes in net assets prepared for the year ended December 31,2008,the events described would

• A)increase temporarily restricted net assets by $10,000.
• B)decrease temporarily restricted net assets by $10,000
• C)increase unrestricted net assets by $10,000.
• D)decrease unrestricted net assets by $10,000.

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Definitions:

Taxonomy

The science of classification, especially of organisms, including the description, identification, nomenclature, and classification into taxa.

Evolutionary Relationships

The connections among species or groups of species that share a common ancestor, depicting their lineage branching from evolutionary trees.

Naming

Naming refers to the act of assigning a name to someone or something, which can be a critical function in taxonomy and nomenclature in various sciences.

Cell Lysis

The process of breaking down the cell membrane, leading to the destruction of the cell often due to viral, enzymatic, or osmotic mechanisms.