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Which statement is not true about social categorization? Social categorization:
Externally Restricted Contribution
Funds received by an organization that are designated for specific purposes by the donor, restricting their use by the recipient.
General Fund
The principal fund of a governmental entity, covering most basic operational activities and services.
Deferral Method
An accounting practice where revenue or expenses are recognized at a date later than when they were initially incurred, often applied to revenue received in advance or prepayments of expenses.
Pledge
A commitment or security for the payment of a debt, performance of an action, or purchase of a good.
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