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    Accounting for Governmental
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    Exam 10: Accounting for Private Not-For-Profit Organizations
  5. Question
    Conditional Pledges Should Not Be Recognized as Revenue Until the Conditions
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Conditional Pledges Should Not Be Recognized as Revenue Until the Conditions

Question 107

Question 107

True/False

Conditional pledges should not be recognized as revenue until the conditions have been met.

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