How should a nongovernment not-for-profit organization generally report increases in the fair value of marketable debt securities in its statement of activities?
A. Such increases in fair value should not be reported because debt securities are reported at amortized cost.
B. As an increase in restricted net assets
C. As an increase in temporarily restricted net assets
D. As an increase in unrestricted net assets, unless restricted by donor stipulation or law
Question 2
A(n) ___________________ ___________ is designed to collect, process, and report information related to financial transactions.
Fill in the blank(s) with correct word
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An example of a typical incident report.
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