Examples of voluntary health and welfare organizations would include the Girl Scouts and the American Heart Association.
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Q7: Contributions to a private not-for-profit may not
Q8: The FASB requires private not-for-profit organizations to
Q9: Private not-for-profits use record encumbrances to maintain
Q10: Private not-for-profits use the modified accrual basis
Q11: Currently, FASB standards assure that not-for-profit financial
Q13: Contributions to a private not-for-profit are recorded
Q14: The FASB requires private not-for-profit organizations to
Q15: Country clubs and labor unions are not
Q16: Performing arts organizations are an example of
Q17: The financial statements of private not-for-profits are
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