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38 Which of the following relating to not-for-profit accounting for contributions is false? A All contributed services should be recognized. B Contributions received should be

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38 Which of the following relating to not-for-profit accounting for contributions is false? A All contributed services should be recognized. B Contributions received should be recognized as revenues in the period received C Service contributions should be valued at the fair value of services or the resulting increase in assets. D Contributions received should be recognized at their fair values

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