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KNOWLEDGE CHECK

Technical
Contribution revenue & agency transactions

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* Which is true of contributions?

Donated services are not recognized as contributions.

Fees charged for the NFP’s services are recognized as contributions.

NFPs receive contributions from for-profit organizations.

A conditional promise to give assets in the future is considered a contribution.

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KNOWLEDGE CHECK

Technical Contribution revenue & agency transactions

Technical Contribution revenue & agency transactions

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Technical
Contribution revenue & agency transactions

Technical
Contribution revenue & agency transactions