1. What external financial statements are required from Private Non-Profit Organizations?

2. If a donor contributes cash and clarifies that his/her contribution can only be used for the purchase of land, how should the private nonprofit report this contribution?

3. What are the 3 categories of the net assets of the private nonprofit?

4. Does the private nonprofit recognize expenses in restricted classification or unrestricted classification?

5. If a private nonprofit purchases another private nonprofit, when does it recognize goodwill?

6. When are temporarily restricted donor contributions are released from restriction at VHWOs?

7. How should private nonprofits recognize volunteer work?

8. Give me 3 examples of unrestricted revenues of VHWOs?

9. Do VHWOs record investments at cost, fair value, or future value?

10. Give me 3 examples of the supporting services offered by VHWOs?