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Alice Makes a Cash Gift Which Has No Strings Attached

Question 9

Multiple Choice

Alice makes a cash gift which has no strings attached to a political party.It is recorded as:


A) ​An Endowment.
B) ​Revenue-Unrestricted Contribution.
C) ​Revenue-Temporarily Restricted Contribution.
D) An increase in the fund balance of the General Fund.​

Correct Answer:

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