Question 8 (2 points) Which of the following factors would indicate that a transaction should NOT be recorded as a contribution by a not-for-profit organization? The donor entered into the transaction voluntarily The donor placed conditions on the donation, but those conditions have been met The transfer of the assets was unconditional The donor is receiving something of comparable value in exchange for the donation Question 9 (2 points) A benefactor pledges to donate $25,000 to his church for the purpose of a new piano, but only if the church is able to raise matching funds from other members. At what point should the church recognize the revenue? when the benefactor makes his pledge once the matching funds have been raised when the benefactor makes his contribution once the piano is purchased Question 10 (2 points) Which of the following is one of the requirements that must be in place for a donor- imposed condition to exist on a pledge or contribution? There must be a time requirement on the contribution. No right of release of the donor from his or her obligation may exist. There must be a performance barrier that the recipient organization must overcome. The donor may not impose restrictions on the use of the contributed resources