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Net assets are recategorized from net assets with donor restrictions to net assets without donor restrictions for which one of the following reasons? a.Increase in

Net assets are recategorized from net assets with donor restrictions to net assets without donor restrictions for which one of the following reasons?

a.Increase in the present value of a promise to contribute

b. Increase in the fair value of investments

c. Collection of promised contributions

d. Board-designated resources are used for the designated purpose

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