Question: Required information Skip to question A not - for - profit organization uses the deferral method to account for contributions. How should the portion of

Required information
Skip to question
A not-for-profit organization uses the deferral method to account for contributions.
How should the portion of investment income earned from the investment of endowment contributions be accounted for if it is required to be used to maintain the purchasing power of the endowment?
Multiple Choice
As investment income.
As a direct increase in net assets.
As donation revenue.
As a deferred contribution.Required information
Skip to question
A not-for-profit organization uses the deferral method to account for contributions.
How should the portion of investment income earned from the investment of endowment contributions be accounted for if it is required to be used to maintain the purchasing power of the endowment?
Multiple Choice
As investment income.
As a direct increase in net assets.
As Required information
Skip to question
A not-for-profit organization uses the deferral method to account for contributions.
How should the portion of investment income earned from the investment of endowment contributions be accounted for if it is required to be used to maintain the purchasing power of the endowment?
Multiple Choice
As investment income.
As a direct increase in net assets.
As donation revenue.
As a deferred contribution.
donation revenue.
As a deferred contribution.

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