Several not-for-profit organizations use television

Reference no: EM13589126

Several not-for-profit organizations use television campaigns to obtain pledges to contribute cash. Some people think that not-for-profit entities should recognize pledges as revenues when the cash is actually received. Others would recognize revenues when the pledges are made, subject to a provision for amounts not likely to be collected. Based on that scenario, discuss

(a) the need for an accounting standards-setting body,

(b) the qualifications that members of that body should possess, and

Reference no: EM13589126

Questions Cloud

Pretax accounting income 340000 permanent difference 14500 : for its first year of operations tringali corporations reconciliation of pretax accounting income to taxable income is

225 moles of n2 in a state define t1 300 k and vi 100l : question 2.25 moles of n2 in a state define t1 300 k and vi 1.00l undergoes an isothermal reversible expansion until

Dill enterprises pays 243200 for equipment that will last : dill enterprises pays 243200 for equipment that will last five years and have a 54286 salvage value. by using the

At january 1 2012 bella company has beginning inventory of : bella company has beginning inventory of 2000 dvd players.bella estimates it will sell 10000 units during the first

Several not-for-profit organizations use television : several not-for-profit organizations use television campaigns to obtain pledges to contribute cash. some people think

A multi-turn square loop of wire 20 cm on each side is : question a multi-turn square loop of wire 2.0 cm on each side is oriented so that a 5.00 mt magnetic field makes a

Groom company uses flexible budgets at normal capacity of : groom company uses flexible budgets. at normal capacity of 16000 units budgeted manufacturing overhead is 48000

Laundry costs for the whole hospital is 21000 for 600000 : laundry costs for the whole hospital is 21000 for 600000 pounds or.. 35lb.laundry for radiology revealed that 7500 of

Manual company sells goods to nolan company during 2014 it : manual company sells goods to nolan company during 2014. it offers nolan the following rebates based on total sales to

User Account

All Pages