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The Equity Section of the Statement of Net Assets of a Private

Question 41

Multiple Choice

The equity section of the Statement of Net Assets of a private not-for-profit hospital may contain which of the following descriptions?


A) Fiduciary, Proprietary, and General.
B) Nonspendable, Committed, Restricted and Assigned.
C) Permanently Restricted, Temporarily Restricted, and Unrestricted.
D) Net Investment in Capital Assets, Restricted, and Unrestricted Net Position.

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