A private NFP health care organization does not include which item in its performance indicator?

a Impairment losses on capital assets

b Depreciation expense

c Unrealized gains on non-trading investments in debt securities

d Changes in net pension and OPEB liability due to current employee service

A private NFP university provides scholarships based on academic performance to students, to reduce tuition costs. How are these scholarships reported on the universitys statement of activities?

a. Nonoperating loss

b. Reduction in tuition revenue

c. Scholarship expense

d. Net assets released from restrictions