Author Question: Pledges should be reported by a nongovernment not-for-profit organization as revenues in the period ... (Read 43 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?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

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.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library