1. Tuition waivers for scholarships are: a Not reflected in the accounting records b Recorded in a contra revenue account c Recorded as institutional support expenses d None of the above 2. Auxiliary enterprises in a college and university include all of the following, except: a Bookstore b Research c Cafeteria d Dormitories 3. Under GASB Statement No. 35, a state university (governmental) with only business-type activities may present: a Fund financial statements b Government-wide financial statements c Only the financial statements required of enterprise funds d Condensed financial information 4. Contributions of principal that must be held indefinitely but whose income is available for restricted or unrestricted purposes are termed: a Bequests b Annuities c Endowments d Support 5. Scholarships are classified as: a Academic support b Student services c Institutional support d Student aid