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    Governmental and Nonprofit Accounting
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    Exam 16: Non-Slg Not-For-Profit Organizations
  5. Question
    Investment Earnings of $1,250 Were Earned on Restricted Investments
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Investment Earnings of $1,250 Were Earned on Restricted Investments

Question 3

Question 3

Multiple Choice

Investment earnings of $1,250 were earned on restricted investments. The earnings are to be used for various research projects during the current year. The earnings would be reported as


A) Revenues without donor restrictions.
B) Revenues with donor restrictions.
C) Net assets released from restrictions.
D) Revenues from donations.

Correct Answer:

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