An alumnus made a donation of adjoining land to a not-for-profit,nongovernmental university.The donor made no specifications regarding the time period or use of the land.The university would record the gift as
A) an endowment asset.
B) temporarily restricted revenue.
C) unrestricted revenue.
D) permanently restricted support.
Correct Answer:
Verified
Q5: A gift-in-kind,for which the not-for-profit entity has
Q6: Not-for-profit,private colleges classify student unions,dining halls,and residence
Q7: Voluntary health and welfare organizations must report
Q8: Voluntary health and welfare organizations classify fund-raising
Q9: An alumnus of a nonprofit,nongovernmental university establishes
Q11: Voluntary health and welfare organizations
A)may not have
Q12: On January 1,2011,a Voluntary Health and Welfare
Q13: The gift shop of a nonprofit,private hospital
Q14: In a nonprofit,nongovernmental hospital,courtesy allowances are
A)charity care
Q15: Which of the following is not true?
A)A
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