51.Universities treat athletic scholarships as a reduction in revenue. 52.College and universities treat uncollectible student accounts as reductions in revenue, rather than bad debt expense. ...

51.Universities treat athletic scholarships as a reduction in revenue.

52.College and universities treat uncollectible student accounts as reductions in revenue, rather than bad debt expense.

53.College and universities treat uncollectible student accounts as bad debt expense.

54.Public Colleges and Universities are subject to standards issued by the GASB and most commonly report as special-purpose governments engaged in business-type activities.

55.Tuition revenue for summer classes spanning two fiscal periods must be recorded in the period when the drop date passes and refunds are no longer an option.

56.Tuition revenue for summer classes spanning two fiscal periods must be allocated on a pro-rata basis.

57.NACUBO guidelines require both revenues and expenses for split summer sessions to be apportioned to the two fiscal years.

58.NACUBO guidelines treat estimates of uncollectible accounts as reductions in revenue.