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Author Question: SAP has a primary focus on large Fortune 500 type companies. Indicate whether the statement is ... (Read 44 times)

mikaylakyoung

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on: Jul 5, 2018
SAP has a primary focus on large Fortune 500 type companies.
  Indicate whether the statement is true or false

Question 2

A nongovernment not-for-profit organization received a cash donation of 100,000 restricted for a specific operating purpose. Only 20,000 of the donation was spent during the current year.
 
  How should the donation be reported be in the statement of activities?
  A. Unrestricted revenues- 100,000.
  B. Unrestricted revenues - 20,000.
  C. Temporarily restricted revenues - 100,000.
  D. Temporarily restricted revenues - 20,000.


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SeanoH09

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

T

Answer to Question 2

C


mikaylakyoung

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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