Chapter 12 Quiz.docx - Max Collier Chapter 12 Quiz 1...

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Max Collier Chapter 12 Quiz 1. Governmental Not-for-Profits – UALR; Nongovernmental not-for-Profits – Baptist Health; Voluntary Health and Welfare organizations – Red Cross 2. Nongovernmental Not-for-Profits and Voluntary Health and Welfare Organizations 3. FASB 4. The old model was fund accounting but now the new model is full accrual accounting 5. Fund accounting is often used internally for entities subjected to yearly budgeting process, funds for fixed assets and long-term debt, several restricted funds, and current operating fund 6. Unrestricted, Temporarily Restricted, and Permanently Restricted
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  • Spring '13
  • john
  • Non-profit organization, voluntary health, Voluntary Health and Welfare Organizations, welfare organizations, current operating fund

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