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Fraternal twin siblings share
Endowment Contributions
Gifts made to institutions, typically non-profit organizations or universities, intended to be invested to support the organization’s long-term financial health.
Restricted Fund Method
An accounting approach used for reporting where resources are segregated based on restrictions or designations imposed by donors or regulators.
Deferral Method
An accounting practice where certain revenues and expenses are deferred to future accounting periods, rather than being recognized immediately.
Encumbrance System
A financial accounting system used primarily by governments that tracks commitments made against funds before they are actually spent, ensuring that appropriations are not exceeded.
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