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Why are the generating and focusing tools important in CPS:
With Donor Restrictions
Refers to contributions received by a nonprofit organization that are subject to specific limitations or conditions set by donors.
GAAP Definition
Generally Accepted Accounting Principles; a standard framework of guidelines for financial accounting used in any given jurisdiction, generally known for ensuring consistency and transparency.
Nonreciprocal Transaction
Transactions where one party transfers resources or obligations without directly receiving anything of approximately equal value in exchange.
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