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rmeewns, heo not-Wor- profe hospice organizations (hospices A and B) decided to a resut of the oowsbination, the assets and liabiliries of the combined hospice

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rmeewns, heo not-Wor- profe hospice organizations (hospices A and B) decided to a resut of the oowsbination, the assets and liabiliries of the combined hospice were y For inania combine As thar had been previousty reported by A and Bon their financial ihe Psi the combining of hospices A and B would be classified as which of D) Compenent unit 71) During the year a donor pledged $1,000,000 in funds to a not-for-profit private charter will receive the pledge ifit is able to raise $500,000 in funds over the next would this pledge be recorded? A) Cominibution-With Donor Restrictions B) Contrbution-Without Donor Restrictions. year According to the FASB, how ) Detemad Revenue D) it would not be reconded 2) The boand of directors for a nongovernmental not-for-profit organization decided to designate $20,000 each year for the next three years to fund a special research project it was planning to conduct at the end of the three-year period. How would these board-designated resourees be reported on the statement of financial position? A) Net assets with donor restrictions. B) Net assets without donor restrictions. ) Internal payable. D) The resourves would not be reported on the statement of financial position A nongovernment voluntary health and welfare organization received onations of $23,000 for the eral purposes in the following year, and a $100,000 donatio stment endowment. evenues without donor restrictions of $53,000 and revenues 0,000 unrestricted cash current year, $30,000 of pledges to be received i n and used for n to establish a permanent The organization should report with donor restrictions of wihout donor restrictions of$23,00, net assets relcased from restrictions of without donor restrictions of $23,000 and revenues with donor restrictions of and revenues with donor restrictions of $100,000. et assets for a nongovernment nonprofit organization would report the ts of net assets sets and net assets with donor restrictions. donor restrictions and temporarily restricted net assets. ital assets, restricted net assets, and unrestricted net assets or restrictions and net assets with donor restrictions. 9 rmeewns, heo not-Wor- profe hospice organizations (hospices A and B) decided to a resut of the oowsbination, the assets and liabiliries of the combined hospice were y For inania combine As thar had been previousty reported by A and Bon their financial ihe Psi the combining of hospices A and B would be classified as which of D) Compenent unit 71) During the year a donor pledged $1,000,000 in funds to a not-for-profit private charter will receive the pledge ifit is able to raise $500,000 in funds over the next would this pledge be recorded? A) Cominibution-With Donor Restrictions B) Contrbution-Without Donor Restrictions. year According to the FASB, how ) Detemad Revenue D) it would not be reconded 2) The boand of directors for a nongovernmental not-for-profit organization decided to designate $20,000 each year for the next three years to fund a special research project it was planning to conduct at the end of the three-year period. How would these board-designated resourees be reported on the statement of financial position? A) Net assets with donor restrictions. B) Net assets without donor restrictions. ) Internal payable. D) The resourves would not be reported on the statement of financial position A nongovernment voluntary health and welfare organization received onations of $23,000 for the eral purposes in the following year, and a $100,000 donatio stment endowment. evenues without donor restrictions of $53,000 and revenues 0,000 unrestricted cash current year, $30,000 of pledges to be received i n and used for n to establish a permanent The organization should report with donor restrictions of wihout donor restrictions of$23,00, net assets relcased from restrictions of without donor restrictions of $23,000 and revenues with donor restrictions of and revenues with donor restrictions of $100,000. et assets for a nongovernment nonprofit organization would report the ts of net assets sets and net assets with donor restrictions. donor restrictions and temporarily restricted net assets. ital assets, restricted net assets, and unrestricted net assets or restrictions and net assets with donor restrictions. 9

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