Which of the Following Isnot True Regarding the Statement

question 47

Multiple Choice

Which of the following isnot true regarding the Statement of Cash Flows for nongovernmental, not-for-profit organizations?

• A) Either the direct or indirect method may be used.
• B) If a not-for-profit organization received a restricted cash contribution for long-term purposes, that cash contribution would be reported as a cash flow from financing activities.
• C) Restricted contributions used for long-term purposes are reported as financing activities.
• D) Four categories of cash flows are used.

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Definitions:

Trademark Dilution

A legal concept that protects a trademark from being used in a way that lessens its uniqueness, even without showing direct competition or confusion.

Domain Name

The distinct, readable address used to access websites on the internet, which corresponds to a specific IP address.

Sexually Explicit

Content or material that graphically demonstrates, describes, or pertains to sexual acts, organs, or themes.

Trademark Infringement

Employing a trademark or service mark without authorization in association with goods and/or services, with the potential to mislead, deceive, or create misunderstanding about the provider of the goods and/or services.