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A Donor Provides a Large Cash Contribution That Is to Be

Question 58

Multiple Choice
A donor provides a large cash contribution that is to be used for acquisition of a new building. Under FASB standards, how would this contribution be reported by a not-for-profit organization on its statement of cash flows?

A donor provides a large cash contribution that is to be used for acquisition of a new building. Under FASB standards, how would this contribution be reported by a not-for-profit organization on its statement of cash flows?


A) Operating activity.
B) Investing activity.
C) Financing activity.
D) Capital and related financing activity.

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