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Question 7) Endowment giving to a public college or university is typically managed through a separate, nonprofit foundation. True False Question 8) Private, nonprofit colleges

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Question 7) Endowment giving to a public college or university is typically managed through a separate, nonprofit foundation. True False Question 8) Private, nonprofit colleges and universities follow FASB Topic 606 in accounting for grant revenue. 0 True o False Question 9) Private, nonprofit colleges and universities follow FASB Topic 606 in accounting for contract revenue. True 0 False

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