27. Which of the following is a characteristic of a nonprofit organization? A. Nonprofits receive contributions from resource providers who do not expect to receive benefits in return. B. Nonprofits do not have defined ownership interests, such as stock that can be sold on a securities exchange. C. A and B. D. Neither A nor B. 28. Showing the amount and nature of donor-imposed restrictions on the statement of financial position helps financial statement users to assess a nonprofit organization's A. Corporate responsibility. B. Budgetary compliance. C. Financial flexibility. D. Liquidity. E. C and D. 29. One large category of nonprofit entities is voluntary health and welfare organizations (VHWOS). These nonprofits receive their resources primarily from: A. Donations from the general public. B. Government grants. C. Charges for services they provide. D. All of the above. 30. When a nonprofit entity's net assets are disclosed as net assets with donor restrictions, who has imposed the restrictions? A. The entity's board of trustees. B. Donors. C. Bondholders. D. Government regulators. F. B, C, and D. 31. The Board of Trustees of Building Lives, Inc., a nonprofit entity that provides support services for the homeless, voted to set aside $100,000 toward purchasing a restaurant to feed the homeless at some time in the future. How should Building Lives report these assets? A. As a component of net assets with donor restrictions. B. As a component of net assets without donor restrictions. C. A or B, depending on management's policy for restricted assets. D. Neither A nor B