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xxMikexx [17]
3 years ago
10

Which of the following resources increases the net assets with donor restrictions of a nongovernmental, not-for-profit voluntary

health and welfare organization? Group of answer choices Refundable advances for purchasing playground equipment Participants’ deposits for an entity-sponsored trip Membership fees to fund general operations Donor contributions to fund a resident camp program.
Business
1 answer:
guajiro [1.7K]3 years ago
3 0

Answer:

Donor contributions to fund a resident camp program.

Explanation:

The American Institute of Certified Public Accountants (AICPA) Audit and Accounting Guide, Health Care Organizations, states that when the donor restriction expires (i.e. no more in existence), all net assets that temporarily restricted has to be reported as net assets released from restrictions on the statement of operations. This will then increase the net asset.

Therefore, it only donor contributions to fund a resident camp program that can increase the net asset since there is no temporary restriction on it.

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frez [133]

Answer:

The correct answer is temporary/earnings

Explanation:

The objective of the accounting closing is to evaluate the benefits or losses of a business activity. In other words, if the final result is positive, there is an increase in business equity, and if the final result is negative, there is a decrease in company equity.

Finally, in the accounting closing, a series of steps are carried out: the accounting regularization, the determination of the result, the closing of accounts and the presentation of annual accounts.

In conclusion, in the accounting cycle a period of time is contemplated and a set of operations and procedures are carried out in order to reflect the financial status of a company.

4 0
3 years ago
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Which of the following is NOT part of the simple circular flow model?
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Answer:

<u>The correct answer is B. Government</u>

Explanation:

There is no doubt that the simple circular flow model explains supply and demand in an elemental economic perspective, however this model doesn’t take into account at least five other key factors of the economic systems.  Those factors are:  

1. Government sector.

2. Government spending.

3. The taxation system.

4. The financial institutions.

5. Imports and exports.

<u>The correct answer is B. Government.</u>

4 0
4 years ago
Which depict a negative externality? (Select all that apply)
kompoz [17]

Answer:

The corrects answers for this would be A and C.

Explanation:

As you can see, for both a and c, those are the only two answers that have a negative outcome, hence the negative externality.

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3 years ago
Scenario 2: You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit ca
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3 years ago
Zoom Enterprises expects that one year from now it will pay a total dividend of $4.7 million and repurchase $4.7 million worth o
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Answer:

$13.34

Explanation:

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The Present value of equity = Spending amount on dividends and repurchases ÷ equity cost of capital

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Now the share price equals to

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3 years ago
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