_____ Under FAS 117, Income Earned from Temporary Endowments That Can

Multiple Choice

_____ Under FAS 117, income earned from temporary endowments that can be spent on only certain programs but that has not yet been spent would be reported in the statement of activities in the

A) Permanently restricted category.
B) Temporarily restricted category.
C) Unrestricted category.
D) Temporarily restricted category or unrestricted category.
E) None of the above.