Assets limited as to use are unrestricted assets whose use is limited by parties other than donors or grantors.

Question

Quizplus · Accepted Answer

Assets limited as to use can include funds that are designated for a specific purpose by an external party, such as a government agency or a grant provider, rather than by the donor or grantor themselves. Therefore, the use of these assets is restricted by someone other than the donor or grantor.

Assets Limited as to Use Are Unrestricted Assets Whose Use