Non Profit Org - 624 Words
Quiz Non Profits Name_____________________________________________
1. FASB require the balance sheets of not-for-profits to display
a) Net assets in four separate categories—unrestricted, temporarily restricted, permanently restricted, and restricted by creditors.
b) Three separate funds—unrestricted, temporarily restricted, and permanently restricted net assets.
c) Six totals—total assets, total liabilities, total net assets, total unrestricted net assets, total...
624 Words | 3 Pages