Multiple Choice
When should unconditional pledges be recorded as revenue?
A) When the pledge is made.
B) When full collection is assured.
C) Never.
D) When money is received.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q60: Which of the following is <u><b>not</u></b>
Q61: FASB Statement 136 Transfer of Assets to
Q62: A private not-for-profit reports expenses in either
Q63: If a donor selects a scholarship recipient,
Q64: Donated services should be considered revenue if
Q66: When preparing the Statement of Cash Flows
Q67: Which of the following is not a
Q68: FASB standards require contributions to be recorded
Q69: The residual equity section of Statement of
Q70: Which of the following is not true