2. Voluntary health and welfare organizations: a Are required to use fund accounting principles to segregate unrestricted

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2. Voluntary health and welfare organizations:

a Are required to use fund accounting principles to segregate unrestricted and restricted net assets b May report fund accounting information as additional information c Must report by funds if fund accounting principles are used for internal accounting purposes d Are prohibited from reporting by funds, even if fund accounting is used for internal accounting purposes

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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