A not-for-profit organization receives a restricted gift. When and in which type of fund should it...

A not-for-profit organization receives a restricted gift. When and in which type of fund should it recognize the revenue? When and in which type of fund should it recognize the related expense? What is the reason for the apparent inconsistencies between the fund types in which the revenue and expenses are reported? Include a link to an article or current event to support your position.

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ekkarill92 answered 1 year ago

A not-for-profit organization receives a restricted gift. When and in which type of fund should it...

A not-for-profit organization receives a restricted gift. When and in which type of fund should it recognize the revenue? When and in which type of fund should it recognize the related expense? What is the reason for the apparent inconsistencies between the fund types in which the revenue and expenses are reported?

A not-for-profit organization receives $150 from a donor. The donor receives two tickets to a theater...

A not-for-profit organization receives $150 from a donor. The donor receives two tickets to a theater show and an acknowledgment in the theater program. The tickets have afair market value of $100. What amount is recorded as contribution revenue? a. $0 b. $50, answer c. $100 d. $150 please explain why and how to get the answer. 2. In Year 1, Gamma, a not-for-profit organization, deposited at a bank $1,000,000 given to it by a donor to purchase endowment securities....

Maricopa's Success scholarship fund receives a gift of $165,000. The money is invested in stocks, bonds,...

Maricopa's Success scholarship fund receives a gift of $165,000. The money is invested in stocks, bonds, and CDs. CDs pay 3.5 % interest, bonds pay 3.1 % interest, and stocks pay 9 % interest. Maricopa Success invests $20,000 more in bonds than in CDs. If the annual income from the investments is $7,400 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs.

Discuss the ways a not-for-profit organization should prepare for an external audit. · Discuss which charitable not-for-profit...

Discuss the ways a not-for-profit organization should prepare for an external audit. · Discuss which charitable not-for-profit organizations are required to have an independent audit and which authority requires the audit.

1. When a not-for-profit entity's funds are classified as restricted, who has imposed the restrictions? ...

1. When a not-for-profit entity's funds are classified as restricted, who has imposed the restrictions? a. the entity's board of trustees b. donors c. the bondholders d. government regulators 2. In which of the following circumstances would a not-for-profit organization's net assets be classified as temporarily restricted? a. donors impose stipulations on the use of resources that expire with the passage of time or that can be fulfilled by actions of the organization b. ...

Which of the following is not a benefit of a not-for-profit organization?

Why might a not-for-profit health care organization use fund accounting?

1. Should gifts be made by individuals to a nonprofit organization that receives the largest portion...

1. Should gifts be made by individuals to a nonprofit organization that receives the largest portion of its revenues from fees for services be fully tax deductible, partially tax deductible, or not deductible at all? Explain your answer. (Chapter 2) 2. If you needed to stay in the hospital, would you prefer to go to a nonprofit hospital or one managed by a for-profit company? Or would it not make a difference to you? Why? (Chapter 3) 3. Should boards...

A company should adjust pension expense for which type of revenue(s) accumulated in the pension fund?...

A company should adjust pension expense for which type of revenue(s) accumulated in the pension fund? Select one: a. Interest Revenue, but not Dividend Revenue b. Dividend Revenue, but not Interest Revenue c. Both Dividend Revenue and Interest Revenue d. Neither Dividend Revenue nor Interest Revenue

Marketing List three ways in which non-profit organization marketing differs from that of a for-profit organization....

Marketing List three ways in which non-profit organization marketing differs from that of a for-profit organization. - Difference #1 ______________________________________________________________________________ ______________________________________________________________________________ - Difference #2 ______________________________________________________________________________ ______________________________________________________________________________ - Difference #3 ______________________________________________________________________________ ______________________________________________________________________________

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A not-for-profit organization receives a restricted gift. When and in which type of fund should it...

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A not-for-profit organization receives a restricted gift. When and in which type of fund should it...

A not-for-profit organization receives $150 from a donor. The donor receives two tickets to a theater...

Maricopa's Success scholarship fund receives a gift of $165,000. The money is invested in stocks, bonds,...

Discuss the ways a not-for-profit organization should prepare for an external audit. · Discuss which charitable not-for-profit...

1. When a not-for-profit entity's funds are classified as restricted, who has imposed the restrictions? ...

Which of the following is not a benefit of a not-for-profit organization?

Why might a not-for-profit health care organization use fund accounting?

1. Should gifts be made by individuals to a nonprofit organization that receives the largest portion...

A company should adjust pension expense for which type of revenue(s) accumulated in the pension fund?...

Marketing List three ways in which non-profit organization marketing differs from that of a for-profit organization....