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    Accounting for Governmental
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    Exam 10: Accounting for Private Not-For-Profit Organizations
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    Under FASB Statement No
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Under FASB Statement No

Question 62

Question 62

True/False

Under FASB Statement No.116,multiyear pledges are to be recorded as a pledge receivable for the total amount and contribution revenue will be recorded proportionally each year of the pledge.

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