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In the past religious organizations used to oversee most education, but today that is rarely the case. What does this shift illustrate?
Liabilities
Economic obligations or debts owed by a business to others, typically arising in the course of its operations.
Economic Benefits
Benefits that can be quantified in monetary terms and usually include profits, revenues, and savings.
Future Cash Inflows
Expected receipts of cash in the future from investments, operations, or financing activities.
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