The Transactions Listed in the Following Questions Occurred in a Private,not-For-Profit

question 71

Multiple Choice

The transactions listed in the following questions occurred in a private,not-for-profit hospital during 20X8.For each transaction,indicate its effect on the hospital's statement of operations for the year ended December 31,20X8.
-Transaction: Received contributions restricted by donors for equipment acquisition.
Effect on Statement of Operations:

• A)Increases operating income.
• B)Decreases operating income.
• C)The transaction is reported on the statement of operations,but there is no effect on operating income.
• D)The transaction is not reported on the statement of operations.

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Definitions:

Hereditary Material

Genetic information passed down from parents to offspring, primarily contained within DNA.

Recessive Genes

Genetic variants that are expressed in an organism's phenotype only when two copies of the gene are present, but not when a dominant gene is present.

Histones

Proteins found in eukaryotic cell nuclei that package and order the DNA into structural units called nucleosomes, playing a critical role in gene regulation.

Neuroplasticity

The malleability of the human brain, its capacity to change and grow especially in response to new environmental input. Includes the capacity of neurons to shift functions to compensate for damage to other cells or because they have been transplanted to a different part of the brain.