The definitions of SFAC No. 6 are virtually identical to those in SFAC No. 3 except that they are extended to non-business organizations.

Name: The definitions of SFAC No. 6 are virtually identical to those in SFAC No. 3 except that they are extended to non-business organizations.
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Question

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The statement is correct. SFAC No. 6 includes the same definitions as SFAC No. 3 but also applies them to non-business organizations.

The Definitions of SFAC No