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Explain When Donated Materials Should Be Recognized as a Contribution

question 65

Essay

Explain when donated materials should be recognized as a contribution and as an expense by a nongovernmental not-for-profit organization.


Definitions:

Assimilation

Interpreting our new experiences in terms of our existing schemas.

Maturation

Biological growth processes that enable orderly changes in behavior, relatively uninfluenced by experience.

Biological Growth Processes

The series of natural physiological changes and development that occur in living organisms, affecting size, shape, and function.

Maturation

The process of becoming mature; the process of natural growth or development, both physically and mentally.

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