Which of the following is NOT a requirement for a not-for-profit organization to record donated materials and services?

Question

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The deferral method is one way to account for contributions, but it is not a requirement for a not-for-profit organization to record donated materials and services. The other options (A, C, and D) are all requirements for proper recording of donated materials and services. The fair value must be determined, the materials or services must be something the organization would normally use in its operations, and the organization must have had the intention to purchase the goods or services if they had not been donated.

Which of the Following Is NOT a Requirement for a Not-For-Profit