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Commerce Question
All expenses of a Non-profit organisation are reported as part of the changes in ___________________ net assets.
  • a)
    Unrestricted            
  • b)
    Permanently restricted
  • c)
    Temporarily restricted               
  • d)
    None
Correct answer is option 'B'. Can you explain this answer?

Related Test

  • Test: Financial Statements Of Non Profit Organization - 2
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Mansi
Jan 07, 2022
Permanently restricted

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Supriya
Jan 07, 2022
B

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Sujal Secret Superstar
Jul 24, 2019
Unrestricted

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