Problem 1: Which of the following expenses would be considered a program service expense for the local cancer society?
a. salary of a home care nurse
b. salary of the local director
c. rent for the local office
d. printing costs for a fund-raising brochure
Problem 2: A contribution made in 1999 to a voluntary health and welfare organization, which is restricted to usage to celebrate the millennium in the year 2000, is recorded as a credit to:
a. Contributions.
b. Revenue--unrestricted.
c. Revenue--temporarily restricted.
d. Revenue--permanently restricted.
Problem 3: The activities of a central motor pool that supplies and services vehicles for the use of municipal employees on official business should be accounted for in a(n)?
a. General Fund
b. Agency Fund
c. Internal Service Fund
d. Special Revenue Fund