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Which of the Following Is Not True About Referrals

question 25

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Which of the following is not true about referrals?

Understand how to report endowment contributions in financial statements for not-for-profit organizations.
Distinguish between the deferral method and the restricted fund method in not-for-profit accounting.
Analyze transactions and prepare journal entries for not-for-profit organizations using the deferral method.
Recognize pledges and contributions and understand their treatment in not-for-profit accounting.

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