Which the donor derives no direct tangible benefits

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Reference no: EM133360226

For each of the following concepts, indicate the key term from the list that best matches by placing the appropriate terms.

A. ???Nonexchange transactions

B. ???Net assets with donor restrictions

C. ???Collections

D. ???Variance power

E. ???Exchange transactions

F. ???Board-designated net assets

G. ???Endowment

H. ???Promise to give

Unrestricted net assets that the governing body decides to set aside for specific purposes
The unilateral power of an organization to redirect donated assets to a different beneficiary than initially indicated by the donor
Net assets for which the donor has indicated use in a future period or for a particular purpose
Transactions in which the donor derives no direct tangible benefits
Works of art, historical treasures, or similar assets held and protected for public exhibition, and, if sold, proceeds would be used to acquire similar assets

Reference no: EM133360226

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