Question
In nonprofit accounting, what is a fund? A. A financial liability held by the nonprofit B. A pool of money or resources that an entity
In nonprofit accounting, what is a fund?
A. A financial liability held by the nonprofit
B. A pool of money or resources that an entity is owed but will not be able to collect
C. An accounting entity with a self-balancing set of accounts
D .A no-strings-attached account of financial resources for the nonprofit to use
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Financial Accounting An Introduction
Authors: Pauline Weetman
7th Edition
1292086696, 978-1292086699
