Which of the Following Statements Is not Correct with Respect

question 93

Multiple Choice

Which of the following statements is not correct with respect to conditional and unconditional pledges

• A) FASB requires contributions, including unconditional pledges to be recorded as revenues when the promise is made.
• B) Conditional pledges to give are not recognized as revenues until the conditions are satisfied.
• C) If a conditional pledge is made and the money is received by the not-for-profit, but if the condition is not met, the potential donor is not bound by the promise and may require the money be returned.
• D) Conditional pledges are recorded as unearned revenue.

---

Definitions:

Outpatient Diabetic Center

A healthcare facility that provides education, treatment, and support services for individuals with diabetes who do not require hospital admission.

Disease Management

A systematic approach to improving health care for individuals with chronic conditions through coordinated care interventions and communications.

Insulin Administration

The process of delivering insulin into the body, usually through injections or an insulin pump, to manage diabetes.

Semiprivate Room

A hospital or medical facility room shared by two patients, offering some degree of privacy.