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Pan, a CPA provided a financial stress test for the nonprofit organization, Feed the Children. Pan is an expert and professional. Feed the Children normally
Pan, a CPA provided a "financial stress test" for the nonprofit organization, "Feed the Children." Pan is an expert and professional. "Feed the Children" normally does not need such services, but still partly benefitted from them.
a. Not be reported.
b. Be reported by a note disclosure.
c. Be reported as an increase in both expense and contribution revenue.
d. Be reported as an increase net assets and contribution revenue.
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