Question 76

have no donor-imposed restrictions as compared to permanently
restricted assets (include endowments and assets such as land and artwork) that are restricted as long as the organization as the organization has custody of them.
  • Question 77

    Commercial papers are sold through:
  • Question 78

    FASAB has established_ accounting Standards.
  • Question 79

    Non-reciprocal interfund activities include interfund transfers of assets (e.g. cash, or goods) without repayment and ______________.
  • Question 80

    Vendors sometimes attempt to unduly influence governing board members, the CEO, and agency personnel to buy their goods or services. To avoid such situations, the governing board of a government should adopt an ethics policy. The NIGP recommends a policy that governments and non-profits might want to: