Which of the following pledges of support would not be recognized in the year the pledge was made?
A) A pledge with no restrictions, but conditional on receiving matching pledges.
B) An unconditional pledge restricted to a particular purpose.
C) An unconditional pledge restricted to a particular year in the future.
D) None of the above - all would be recognized.
Correct Answer:
Verified
Q85: An unconditional pledge of support is properly
Q87: Lisa informed her church that she had
Q91: Henry Highbrow promises to donate $50,000 to
Q92: Care Foundation is a voluntary health and
Q93: Which of the following is true of
Q94: A donor gave $60,000 to a nongovernmental,not-for-profit
Q98: Care Foundation is a voluntary health and
Q99: A donor made a gift of cash
Q100: Uptown Church received a donation of marketable
Q101: The FASB has the authority to set
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents