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A private NFP university provides scholarships based on academic performance to students, to reduce tuition costs. How are these scholarships reported on the universitys statement
A private NFP university provides scholarships based on academic performance to students, to reduce tuition costs. How are these scholarships reported on the universitys statement of activities? Select one: a. Nonoperating loss b. Net assets released from restrictions c. Reduction in tuition revenue d. Scholarship expense
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