Which Entry Would Be the Correct Entry on the Not-For-Profit

question 8

Multiple Choice

Which entry would be the correct entry on the not-for-profit organization's books to record a donor's gift when the money is simply passing through the not-for-profit organization and creates no direct benefit,and when control of the assets has been relinquished by the donor?

• A)debit expense-charitable contribution,credit cash.
• B)debit refundable advance to charity,credit cash.
• C)debit cash,credit liability to beneficiary.
• D)debit cash,credit refundable advance.
• E)debit cash,credit contribution revenue.

Assess how price changes affect surplus and market efficiency.

Understand the role of equilibrium in maximizing total surplus in a market.

Describe the implications of trade policies on the international exchange of goods and the domestic economy.

Interpret market equilibrium from a supply and demand graph.

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Definitions:

Project

A structured set of activities designed to achieve specific objectives within a given timetable and budget.

Cash Flows

The overall flow of money in and out of a commercial entity, notably influencing its liquidity levels.

Option to Expand

The right, but not the obligation, to increase the size of an investment or project.

Net Present Value

A financial metric that calculates the present value of the net cash flow generated by a project, adjusting for the time value of money.