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Author Question: The cardinality constraint is used less frequently than the participation constraint. Indicate ... (Read 48 times)

nevelica

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on: Jul 5, 2018
The cardinality constraint is used less frequently than the participation constraint.
  Indicate whether the statement is true or false

Question 2

Shults Labs donates an item of prescription medications worth 100,000 to a local not-for-profit hospital. How should the hospital report the donation in its financial statements?
 
  a. Report an other revenue (or gain) and an expense of 100,000
  b. Report an other revenue (or gain) and an asset (inventory) of 100,000
  c. Report an asset and an other revenue (or gain) at the manufacturer's direct cost to produce the equipment, which is estimated at 70,000
  d. Report nothing on the face of the financial statements, but describe the donation in the notes to the statements.


Yixagurpuldink

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Reply #1 on: Jul 5, 2018
Answer to Question 1

F

Answer to Question 2

b


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