Which Statement Below Is Not Correct

question 5

Multiple Choice

Which statement below is not correct?

• A) The accounting period in which pledged revenues are recognized is dependent on donor specifications.
• B) The permanently restricted section of a nonprofit organization's net assets is set aside by donor restrictions.
• C) A contributed asset is recognized as revenue by a nonprofit organization.
• D) Depreciation expense is not recognized by nonprofit organizations.
• E) Nonprofit organizations issue a statement of activities.

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Definitions:

Neuron Types

are various kinds of nerve cells classified based on their function, structure, neurotransmitter released, and direction of signal sent; including sensory, motor, and interneurons.

Neural Circuits

Complex networks of neurons that work together to carry out specific functions in the nervous system.

Microbiome

The collection of all microbes, such as bacteria, fungi, viruses, and their genes, that live on and inside the human body.