The Transactions Described in the Following Questions Occurred in a Voluntary

question 8

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
-Received cash contributions restricted by donors for research.

• 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.

---

Definitions:

Synapse

The minute space between the axon of one neuron and the dendrite of another.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Emotions

Complex psychological states that involve physiological arousal, expressive behaviors, and conscious experience.

Relay Station

A node in a communication system that receives a signal and transmits an amplified or regenerated signal.