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    Advanced Accounting
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    Exam 9: Reporting for Not-For-Profit Organizations
  5. Question
    Under the Deferral Method, Restricted Contributions Are Recorded as Revenue
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Under the Deferral Method, Restricted Contributions Are Recorded as Revenue

Question 22

Question 22

True/False

Under the deferral method, restricted contributions are recorded as revenue in the same period as the related expense is recorded.

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