Describe the difference between the Excess of Revenues over Expenses and the Increase in Net Assets without Donor Restrictions.

Name: Describe the difference between the Excess of Revenues over Expenses and the Increase in Net Assets without Donor Restrictions.
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Question

Quizplus · Accepted Answer

The Answer is The Excess of Revenues over Expenses focuses on operating activities, while the Increase in Net Assets without Donor Restrictions includes non-operating changes to owners' equity.

Describe the Difference Between the Excess of Revenues Over Expenses