Which of the Following Is Not True of a Statement

question 114

Multiple Choice

Which of the following is not true of a Statement of Activities prepared for a private not-for-profit organization?

• A) Expenses are shown only as decreases in unrestricted net assets.
• B) Reclassifications for expiration of time restrictions are shown in the revenues and support section.
• C) Unrealized gains losses) on investments are shown only as increases decreases) in unrestricted net assets.
• D) Expenses are classified by function within the categories of Program Services and Supporting Services either in the Statement or the notes.

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Definitions:

CPU Chip

The central processing unit of a computer, a crucial component responsible for interpreting and executing most of the commands from the computer's other hardware and software.

Dolby Digital 7.1

An audio technology providing sound from eight channels (7 speakers plus 1 subwoofer) for a surround sound experience in movies, games, and TV.

Desktop Computer Systems

Computing devices designed for regular use at a single location on or near a desk or table due to their size and power requirements.

Laptop Computers

Portable personal computers featuring an integrated screen and keyboard, designed for mobile use and small space operation.