Question: Exercise 1 4 - 1 5 ( Static ) Multiple Choice [ LO 1 4 - 1 , 1 4 - 2 , 1 4
Exercise Static Multiple Choice LO
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Exercise Static Part
Janes Planes is an organization that provides air transportation for critically ill children. A friend of Janes Planes, Richard Bucks, donated a plane to be used for whatever purpose the organization chooses. In addition, he donated a substantial amount of investments that were to be used strictly to generate income to help fund the organizations expenses. These donations would be included in the organizations net assets as
PlaneInvestmentsaWith donor restrictionsWith donor restrictionsb.Without donor restrictionsWith donor restrictionsc.With donor restrictionsWithout donor restrictionsd.Without donor restrictionsWithout donor restrictions
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