Test: CPA Financial Accounting and Reporting (FAR)

1.

Of the following, which would be included as a part of total net assets in the statement of financial position for a nongovernmental non for profit entity?

None of the answer choices are correct

Committed and non committed assets

Total net assets with and without donor restrictions

Total current and reserved assets

1/3 questions

0%
Learning Tools by Varsity Tutors