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which of the following is a general rule established by the fasb regarding contributions received by a nonprofit in the form of investments

Sagot :

In general, donations made to a nonprofit in the form of investments must be reported as either support without donor restrictions or support with donor restrictions, according to a general guideline established by the fasb.

The Financial Accounting Standards Board is a private organization that develops standards with the goal of establishing and enhancing Generally Accepted Accounting Principles in the United States for the benefit of the general public. In order to encourage financial reporting that gives investors and other users of financial reports relevant information, the FASB develops and sets financial accounting standards using an open and inclusive process.

To know more about fasb: https://brainly.com/question/13610664

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