Which of the Following Is Not One of the Specific

question 99

Multiple Choice

Which of the following is not one of the specific disclosure requirements for private not-for-profits?

• A) The amount of conditional promises i.e., pledges receivable due in less than one year, one to five years, and more than five years from the balance sheet date
• B) The amount of recourses received from the federal government.
• C) The total of conditional amounts pledged.
• D) The amount of the allowance for uncollectible pledges receivable;

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Definitions:

Long-Run Adjustments

Refers to changes that firms in an industry make in response to economic opportunities or constraints, involving adjustments in production capacity or resource utilization over time.

Marginal Revenue

The extra revenue obtained by selling an additional unit of a product or service.

Upsloping Line

A graphical representation indicating positive correlation between two variables; as one variable increases, so does the other.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping.