Which of the Following Would Result in Higher Income Under

Multiple Choice

Which of the following would result in higher income under the restricted fund basis as compared to the deferral method for a not-for-profit organization in its first year of operations?

A) When unrestricted cash donations are received.
B) When funds are expended on capital assets.
C) Where pledges are received for a building to be constructed in a future year.
D) When cash donations are received for land to be purchased in a future year.