menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Accounting Study Set 2
  4. Exam
    Exam 11: College and University Accounting
  5. Question
    If a Donor Contributes Funds to Be Invested for a Set
Solved

If a Donor Contributes Funds to Be Invested for a Set

Question 50

Question 50

Multiple Choice

If a donor contributes funds to be invested for a set number of years and then become available for expenditure,the funds would be considered as a(n)


A) Quasi-endowment.
B) Term endowment.
C) Endowment.
D) None of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: A donor made a cash contribution of

Q45: Investor-owned proprietary schools are subject to the

Q46: What accounts appear in the equity section

Q47: Which of the following types of college/university

Q48: A private college received a grant of

Q49: Which of the following would not be

Q51: Public Colleges and Universities are subject to

Q52: Private colleges and universities record depreciation expense.

Q52: Give 2 examples of unrestricted inflows,restricted inflows

Q54: According to NACUBO guidelines,what is the correct

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines