Question regarding contribution revenue from donated services

  • Creator
    Topic
  • #160868
    jimboace88
    Member

    Does it say somewhere that a board member of an organization has to be accounting/finance inclined? I ask this because I just did an MCQ in Becker that listed a board member volunteering to do the books for an organization as a component of contribution revenue.

    If that’s how the exam is going to want me to answer, that’s fine and I will memorize it…but I wasn’t sure if that was technically right. Seems to me a lot of questions require us to make some pretty hefty assumptions anyway in order to answer them correctly.

    Can’t complain, though…I got 76% right when all was said and done on not-for-profit on my first shot; I’ve come to learn that a score like that on the first time through the homework isn’t awful and doesn’t mean I’m going to fail 🙂

    FAR 07/27/11 - 87
    AUD 10/01/11 - 85
    BEC 11/15/11 - 87
    REG 01/03/12 - 92

  • The topic ‘Question regarding contribution revenue from donated services’ is closed to new replies.