An anonymous benefactor has pledged to give the state a gift of $100,000 without criteria for the state to meet. There is no reason to believe that the benefactor will not honor their pledge. The government should recognize revenue as
A) immediately as cash
B) deferred inflow of resources until "available" to meet current liabilities
C) ratably over 30 years.
D) never. The contributions themselves cannot be used to support the government's programs.

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The Answer of An anonymous benefactor has pledged to give the state a gift of $100,000 without criteria for the state to meet. There is no reason to believe that the benefactor will not honor their pledge. The government should recognize revenue as
A) immediately as cash
B) deferred inflow of resources until "available" to meet current liabilities
C) ratably over 30 years.
D) never. The contributions themselves cannot be used to support the government's programs.

An Anonymous Benefactor Has Pledged to Give the State a Gift