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Sati [7]
3 years ago
5

True or False: Contributions received in a prior period and restricted by the donor for construction of a building were reported

as increases to "temporarily restricted net assets" in the period received. When the building is constructed in a subsequent period a not-for-profit would report "contributions" for the amount released from restrictions.
Business
1 answer:
noname [10]3 years ago
7 0

Answer:

The correct answer is False.

Explanation:

If the contribution is for the subsequent acquisition of assets, in the same way as in the previous point it is carried as deferred income and amortized in line with the depreciation of the acquired asset, as amortization of deferred contributions.

Permanently restricted contributions are taken to this category in net assets and correspond to those that are represented in assets that must be kept in perpetuity.

Unrestricted contributions used in the year are taken directly to income; if they are not used in the year they are taken as part of the net assets without restrictions.

If the board of directors or equivalent body decides to allocate an unrestricted contribution item for a special purpose, it is carried as an internally restricted net asset.

Contributions with temporary restrictions are carried as part of the temporarily restricted net asset.

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In the aggregate expenditures model, it is assumed that: a.gross investment (I), government purchases (G), and net exports (NX)
tiny-mole [99]

Answer:

The Correct Option is "B"

Explanation:

Total consumption model was created accordingly of traditional model. It shows the connection between the GDP and arranged spending. The condition of consumption model is as per the following:  

Y = C + I + G + NX  

Where, Y is the genuine GDP, C is Consumption, I Refers to net investment, G is government buys and NX is net ex[port.  

The total use model accept that gross investment (I), government buys (G), and net export (NX) are independent to of genuine GDP (Y) as they don't depend on salary of the economy.

3 0
4 years ago
Managers can help to change the organization's culture by paying attention to which ______ they use as narratives to symbolize t
Klio2033 [76]

An organization's culture can be changed when managers pay attention to which <u>stories</u> are used as narratives to symbolize the organization's vision and values to employees.

<h3>Who is a manager?</h3>

A manager refers to an individual who is saddled with the responsibility of providing support, guidance, administrative control, supervision, as well as acting as a role model (example) to the employees working in an organization especially by being morally upright and promoting the organization's culture, vison, and values at all times.

This ultimately implies that, an organization's culture can be changed when managers pay attention to which <u>stories</u> are used as narratives to symbolize the organization's vision and values to employees.

Read more on managers here: brainly.com/question/24553900

4 0
3 years ago
A large cloud of dust and pollution that originates over southeast asia is
Shkiper50 [21]
Frequently a piece of air contamination over California.   
contaminations discharged in California can float over the Pacific Ocean. This essential truth uncovers the significance of a worldwide way to deal with protecting air quality. At the point when those unsafe gases flow starting with one continent then onto the next ,they offset gains in other's air quality especially if they are striving to cut emissions by certain percent.
6 0
3 years ago
14 points if you can solve 9=9
masha68 [24]

Answer:

18

Explanation:

6 0
3 years ago
A normal profit is:______
katen-ka-za [31]

Answer:

b. revenues minus accounting and opportunity costs.

Explanation:

A normal profit occurs when the amount of profit generated by a company in a given period is equal to the amount of its costs, that is, in this situation the company's profit is sufficient to cover its costs and it manages to continue operating in a market in a way competitive, for this reason the normal profit

The opportunity cost refers to normal profit due to the fact that this is the amount that is equal to zero with respect to economic profit, which is what is necessary for the company to operate when considering the investment made.

4 0
4 years ago
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