Question
Stanton College, a nongovernmental NFP entity, received a building with no donor stipulations as to its use. Stanton does not have an accounting policy implying
Stanton College, a nongovernmental NFP entity, received a building with no donor stipulations as to its use. Stanton does not have an accounting policy implying time restriction on donated assets. What type of net assets should be increased when the building was received.
I. Unrestricted
II. Temporarily restricted
II. Permanently restricted
| A. | I only | |
| B. | II only | |
| C. | III only | |
| D. | I or II |
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The Access Audit Handbook An Inclusive Approach To Auditing Buildings
Authors: Centre For Accessible Environments
3rd Edition
1914124839, 978-1914124839
