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Which of the Following Are the Net Asset Classes Required

Question 151

Multiple Choice

Which of the following are the net asset classes required by the FASB for private not-for-profit organizations?


A) Assigned, Committed, and Unrestricted.
B) Unrestricted, temporarily restricted and Permanently restricted.
C) Net investment in capital assets, Restricted, and Unrestricted.
D) Partially Restricted, Temporarily Restricted, Unrestricted.

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