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A Not-For-Profit Entity That Receives a Donation Restricted for a Specific

Question 33

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A not-for-profit entity that receives a donation restricted for a specific purpose and meets the use restriction in the same reporting period reports


A) Revenues without donor restrictions.
B) Revenues with donor restrictions and revenues without donor restrictions.
C) Revenues with donor restrictions and net assets released from restrictions.
D) Either A or C

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