FASB Statement No.95 requires not-for-profits use the direct method in the preparation of the statement of cash flows.
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Q1: In accounting for investments, not-for-profits, like businesses,
Q5: Revenues of a not-for-profit organization should be
Q6: FASB requires that all not-for-profit organizations report
Q11: The account title "Resources Released from Restriction"
Q11: FASB Statement No. 117 directs that revenues
Q14: Restricted contributions may be reported as unrestricted
Q15: FASB requires the focus of external financial
Q18: Private not-for-profit accounting is closer to business
Q19: In the statement of activities, FASB Statement
Q33: Restricted gifts to not-for-profit organizations
A)Must always be
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