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Author Question: With respect to collections, nongovernment not-for-profit organizations are A. Required to ... (Read 86 times)

rl

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on: Jul 5, 2018
With respect to collections, nongovernment not-for-profit organizations are
 
  A. Required to capitalize all collections.
  B. Prohibited from capitalizing collections.
  C. Required to either capitalize all collections or to capitalize no collections.
  D. Permitted to capitalize no collections, to capitalize all collections, or to capitalize only those collections acquired after FASB Statement 116 was adopted.

Question 2

Accounting is an activity of the
 a. management process
  b. operations process
  c. information process
  d. organization process


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Eazy416

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Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

B


rl

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

adf223

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Reply 3 on: Yesterday
:D TYSM

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