In Accordance with ASC 958,pledges,which Are Temporarily Restricted by Donors,are

question 25

Multiple Choice

In accordance with ASC 958,pledges,which are temporarily restricted by donors,are reported as increases in net assets with donor restrictions on the statement of activities of a voluntary health and welfare organization when the:

• A)pledges are received in cash.
• B)cash received from the pledges is expended in accordance with the donors' wishes.
• C)pledges are made by the donors.
• D)cash is received from the pledges is transferred to net assets without donor restrictions.

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Definitions:

Mentally Disturbed

A term describing individuals who have mental health issues that affect their thinking, behavior, and emotions significantly.

Criminal Actions

Activities that violate laws, constituting offenses against the state or public, subject to prosecution and legal penalties.

Insanity

A legal term describing a person's inability to determine right from wrong or to form a rational decision.

Suicide Attempt

An act whereby an individual intentionally tries to end their own life but does not result in death.