Select the best answer for each of the following items:
1. An unrestricted pledge from an annual contributor to a NFP hospital made in December 2024 and paid in cash in March 2025 would generally be credited to
(a) Nonoperating revenue in 2024.
(b) Nonoperating revenue in 2025.
(c) Operating revenue in 2024.
(d) Operating revenue in 2025.

2. A gift to a NFP hospital that is not restricted by the donor should be credited directly to
(a) Fund balance.
(b) Deferred revenue.
(c) Operating revenue.
(d) Nonoperating revenue.

3. During the year ended December 31, 2025, Melford Hospital received the following donations, stated at their respective fair values:

How much revenue (both operating and nonoperating) from donations should Melford report in its 2025 statement activities?
(a) $0.
(b) $30,000.
(c) $100,000.
(d) $130,000.

4. On July 1, 2024, Lilydale Hospital’s Board of Trustees designated $200,000 for expansion of outpatient facilities. The $200,000 is expected to be expended in the fiscal year ending June 30, 2027. In Lilydale’s balance sheet at June 30, 2025, this cash should be classified as a $200,000
(a) Restricted current asset.
(b) Restricted noncurrent asset.
(c) Unrestricted current asset.
(d) Asset whose use is limited.

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Employee services from members of a religious group. Medical supplies from an association of physicians. These supplies were restricted for indigent care and were used for such purposes in 2025. $100,000 30,000