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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    A Donation Received Is Considered a Voluntary Nonexchange Transaction Only
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A Donation Received Is Considered a Voluntary Nonexchange Transaction Only

Question 65

Question 65

True/False

A donation received is considered a voluntary nonexchange transaction only if it is unrestricted.

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