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When does revenue get recognized for a pledge? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer

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When does revenue get recognized for a pledge? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer a When the cash is received b When the conditional promise is made When the donor makes an unconditional promise Which of the following represents a difference between business and not-for-profit organizations? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. The use of budgets by management b The ability to tax to raise revenues The organization purpose d The location of their services Exchange transactions in a not-for-profit organizations are classified as... Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer a without donor restriction (unrestricted) b with donor restriction (temporarily or permanently restricted) Which of the following is not a donor restricted asset? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a A donation for $5,000 specifically for research b A donation that management has restricted for research C A donation the donor has restricted for research d A donation of $5,000 that cannot be used until next year Fill in the blanks for the category of net asset below Drag and drop options on the right hand side and submit. For keyboard navigation SHOW MORE Resources restricted for use in future years but not restricted to a specific purpose Net Assets without donor restrictions Unrestricted Resources designated for plant expansion lll Net Assets without donor restrictions Undesignated and unrestricted resources Il! Net Assets without donor restrictions Resources restricted by donors for Scholarships III Net Assets with donor restrictions Resources invested in fixed assets (net of related accumulated depreciation and debt) Net Assets without donor restrictions Resources restricted by bond indenture for plant expansion Net Assets with donor restrictions

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