A not-for-profit (NFP) organization acting as a financial intermediary receives a contribution. Under the FASB Codification the NFP would be most likely to recognize the contribution as a liability under which of the following situations?
A. The NFP is financially interrelated with the organization on whose behalf it received the contribution.
B. The NFP has a 51 percent interest in the organization on whose behalf it received the contribution.
C. The NFP is acting as an agent, receiving the contribution on behalf of another organization.
D. The NFP has variance power.
Answer: C
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Which of the following statements about the commercialization stage of the new-product development process is FALSE?
A. People need to be hired and trained to provide services. B. Introductory promotion tends to be more costly if the firm is entering a very competitive market. C. A firm should always roll out the product to the entire target market at one time. D. Channels of distribution need to be filled with goods.
A local health center noted that in a sample of 400 patients, 80 were referred to them by the local hospital
a. Provide a 95% confidence interval for all the patients who are referred to the health center by the hospital. b. What sample size would be required to estimate the proportion of all hospital referrals to the health center with a margin of error of .04 or less at 95% confidence?
Describe the critical resource considerations that should guide the location decision.
What will be an ideal response?
Written communication should be used only when necessary
a. True b. False Indicate whether the statement is true or false