Correct Answer: Temporarily restricted net assets
Explanation:
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A donation that has conditions which must be satisfied. See also Temporarily restricted net assets.
Activity-based costing. A method to determine the costs of a service - product - or customer by tracing the resources consumed. ABC focuses on: I) controlling as well as calculating costs - 2) tracing as opposed to allocating costs - and 3) the impor
The budget format that lists revenues and expenses by category - such as labor - travel - and supplies. Categories are sometimes broken down into sub-categories. See also Performance budget and Program budget.
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A borrower's assets on which a lender has legal claim if a borrower defaults on a loan.
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General and administrative expenses. Operating expenses that are not contained in the labor or supplies budgets.
An entity that gives capital to another entity in expectation of a financial or non-financial return.