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    Business
  3. Study Set
    Advanced Accounting Concepts and Practice
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    Exam 26: Not-For-Profit Organizations: Introduction and Private Npos
  5. Question
    Under FAS 116, a Nonprofit Organization Must Establish an Accounting
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Under FAS 116, a Nonprofit Organization Must Establish an Accounting

Question 127

Question 127

True/False

Under FAS 116, a nonprofit organization must establish an accounting policy as to whether implied time restrictions exist on contributed capital assets only if no donor-imposed restrictions exist.

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