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Scholarships Tuition Discounts) Provided to Students Where No Service Is

Question 79

Multiple Choice

Scholarships tuition discounts) provided to students where no service is required:


A) Are included in tuition revenue and recorded as an expense.
B) Are reported as a reduction of revenue by directly reducing the revenue account or increasing a contra- revenue account.
C) Are not included in tuition revenue but are included as an "other source".
D) Are reported as an adjustment to tuition revenue in the government-wide statements.

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