A not-for-profit organization may disaggregate its financial statements into funds based on legal, contractual or voluntary actions of the entity.
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Q4: When consolidated financial statements are prepared for
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Q7: Not for profit organizations cannot be incorporated.
Q8: When budgetary control accounts are first set
Q10: Regarding capital assets, large not-for-profit organizations are
Q11: Not-for profit organizations require additional disclosure with
Q12: Contributions are considered revenue to the not-for-profit
Q13: When consolidated financial statements are prepared for
Q14: Endowment contributions are recognized as revenue under
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