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goji.go goji.go
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Posts: 5977
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9 years ago
A not-for-profit organization receives a pledge from a donor in fiscal 2013.  The terms of the pledge are such that the organization will receive a large contribution in fiscal 2015.  At what value should the pledge be reported in the organization's 2013 statement of financial position?
      a.   face or nominal value
      b.   compound value
      c.   marginal value
      d.   present value
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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