True False question

1. In GASB, transfer of ownership lease : amortization, and general lease : depreciation.
2. Lease accounting of GASB is similar to US GAAP than IFRS. in addition, GASB lease accounting has additional rule. It is a transfer of ownership clause.
3. In Private NFPO, Cause of statement of activity reclassifications are four kinds : operating activities, acquisition of PPE, time restriction, and endowment.
4. Items that is included in the with donor restriction is reclassified by without donor restriction by achievement of purpose or passage of time. at this moment, the amount corresponding to changes in net asset(with) : has no effect, changes in net asset(without) : decrease.
5. Governmental statement of cash flow start calculation from operating income, and, Non-for-profit organizational statement of cash flow start calculation from changes in total net asset.
6. In non-for-profit organizational statement of cash flow, (1) without, operating, and time restriction (short-term) items are reported in CFO, (2) PPE, endowment, time restriction (long-term) items are reported in CFF.
7. In statement of activity of private NFPO, if with donor restriction item is reclassified into without donor restriction, corresponding disclosure to notes is required.
8. An unconditional promise to give (pledge) have to be reported in with donor restriction column regardless of collection timing (ex. collection of current year vs. collection of next year). If cash is collected, journal entries are as follows :

Cash /Contribution receivable

Contribution_with / Contribution_without