How Should a Nongovernment Not-For-Profit Organization Generally Report Increases in the Fair

Multiple Choice

How should a nongovernment not-for-profit organization generally report increases in the fair value of marketable debt securities in its statement of activities?

A) Such increases in fair value should not be reported because debt securities are reported at amortized cost.
B) As an increase in net assets with donor restrictions
C) As an increase in net assets without donor restrictions
D) As an increase in net assets without donor restrictions, unless restricted by donor stipulation or law