Question
a donor makes a contribution of $1 million in cash to an NFP organization, and requires that this amount be invested. The organization may use
a donor makes a contribution of $1 million in cash to an NFP organization, and requires that this amount be invested. The organization may use investment income for any purpose.
On the organization's statement of cash flows, the donation appears in which section?
A. Cash from operating activities
B. Cash from noncapital investing activities
C. Cash from financing activities
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Internal Control Audit And Compliance Documentation And Testing Under The New COSO Framework
Authors: Graham
1st Edition
1118996216, 978-1118996218
