True/False
An intention to give such as being named in a will) is the same as an unconditional promise to give and can be recorded as revenue when the intention is made known.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q67: Which of the following is not a
Q68: FASB standards require contributions to be recorded
Q69: The residual equity section of Statement of
Q70: Which of the following is not true
Q71: Care Foundation is a voluntary health and
Q73: Which of the following is <u><b>not</u></b>
Q74: Which of the following contributed services would
Q75: The FASB requires that expenses of voluntary
Q76: While many private not-for-profit organizations may use
Q77: Which of the following would <u><b>not</u></b>