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    Exam 9: Reporting for Not-For-Profit Organizations
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    A(n)________________ Fund Is a Type of Restricted Fund Where, Even
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A(n)________________ Fund Is a Type of Restricted Fund Where, Even

Question 57

Question 57

Multiple Choice

A(n) ________________ fund is a type of restricted fund where, even though funds are collected, the principal is not allowed to be spent.


A) Capital.
B) Endowment.
C) Restricted.
D) Unrestricted.

Correct Answer:

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