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FS of Non Profi...

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  • Question 1
    1 / -0

    Which of the following is not an restricted fund

  • Question 2
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    Which of the following is the accounting equation for a non-profit organization?

  • Question 3
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    The statement of _______ may be prepared under the direct or indirect method.

  • Question 4
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    A nonprofit organization's assets that have been designated by its board of directors for a specific project should be reported on the external financial statements as__________________ net assets.

  • Question 5
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    Nongovernmental not-for-profit organizations are required to provide which of the following external financial statements?

  • Question 6
    1 / -0

    All expenses of a Non-profit organisation are reported as part of the changes in ___________________ net assets.

  • Question 7
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    Which of the following is true relating to Income and expenditure account

  • Question 8
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    Which form of financing is allowed for a nonprofit organization?

  • Question 9
    1 / -0

    Excess of expenditure over income of a Non-profit organisation is termed as______

  • Question 10
    1 / -0

    Income and expenditure account is based on

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