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_____ a Religious Organization Received a Building and Land as a Gift

Question 204

Multiple Choice

_____ A religious organization received a building and land as a gift from a local company with the understanding that the building would be used as a training center for organization members or for any other purpose consistent with the organization's mission. How would the nonprofit organization report the contribution?


A) As temporarily restricted support.
B) As unrestricted support.
C) As permanently restricted support.
D) As temporarily restricted support or unrestricted support at the discretion of the board.
E) None of the above.

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