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    Exam 11: College and University Accounting
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    If a Donor Were to Contribute Money with Instructions That
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If a Donor Were to Contribute Money with Instructions That

Question 125

Question 125

Multiple Choice

If a donor were to contribute money with instructions that the funds be invested for a period of time and then released to be used for any purpose,this would be called a(n) :


A) Unrestricted endowment
B) Permanent endowment
C) Term endowment
D) Quasi-endowment

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