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The institution's governing board decided to create an endowment from unrestricted funds, this is called a ( n ) ind the funds are classified as

The institution's governing board decided to create an endowment from unrestricted funds, this is called a

(

)

ind the funds are classified as

Multiple Choice

quasi

-

endowment, net assets with donor restrictions

quas

-

endowment, net assets withoul donor restrictions

endowrnent, net assets with donor restrictions

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