1.true / False question:

Nonprofit museums never show the value of their art collections on their balance sheets.

Multiple choice question

1. Assume that the Alzheimers Foundation got money last year restricted for its research program, but did not spend the money last year. This year, it spends the money. Where on the statement of activities would this spending be reflected?
   1. Just as a program expense in the without donor restrictions column
   2. Just as a program expense in the with donor restrictions column
   3. Both as a program expense in the without donor restrictions column, AND as part of net assets released from restrictions on the statement of activities
   4. Either answer B or C is acceptable
2. Nonprofit B, a hospital, has 100 nurses, and 6 nurse supervisors. The nurse supervisors make sure the nurses are doing their jobs, help with complicated cases, and also sign the time sheets for the nurses. The nurse supervisors salary should be classified as
   1. Program expense
   2. Administrative and general expense
   3. Fundraising Expense
   4. Part program expense and part administrative and general expense