Author Question: Pledges should be reported by a nongovernment not-for-profit organization as revenues in the period ... (Read 37 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
Pledges should be reported by a nongovernment not-for-profit organization as revenues in the period that they are unconditionally received
 
  A. By the organization.
  B. By the organization if the pledges are unrestricted.
  C. By the organization if the pledges are unrestricted and have been collected by year end.
  D. If the organization has incurred qualifying costs.

Question 2

Normal account balances are on the increase side of the accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false



TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library