Under SFAS No.116,pledges received by a nongovernment not-for-profit hospital during its building construction fund drive,and restricted for that purpose,would be recognized as an increase in temporarily restricted net assets (support)
A) When the building is constructed.
B) When the pledge is made.
C) When the pledge is collected.
D) During each period of construction using the percentage-of-completion method.
Correct Answer:
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