Indicate Your Choice by Entering the Letter Corresponding to the Correct

question 90

Multiple Choice

Indicate your choice by entering the letter corresponding to the correct term. A term may be used more than once or not at all.
-"Basis for measuring contributions" describes which term listed above?

• A)Fair value
• B)Net assets without donor restrictions
• C)GASB
• D)FASB
• E)Statement of Revenues,Expenditures,and Changes in Fund Balance
• F)Lower of cost or market
• G)Accrual method
• H)Statement of Activities
• I)General fund,restricted fund,endowment fund
• J)Modified accrual method
• K)Net assets with donor restrictions
• L)Endowment fund
• M)Unrestricted,temporarily restricted,permanently restricted
• N)Depreciation
• O)Works of art and other historical treasures
• P)General fund
• Q)Cost

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Definitions:

Categorical Thinking

involves organizing or classifying information and experiences into categories to simplify and speed up the decision-making process.

Long-Term Memory

A type of memory responsible for the storage of information over an extended period, from days to decades.

Learning Orientation

An individual's predisposition towards viewing situations as opportunities for gaining new knowledge and skills, rather than as tasks to be completed.

Primacy Effect

The tendency to remember information that is presented first better than information that is presented later.