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To what extent do not-for-profit organizations have the ability to choose among the following: Using depreciation Ignoring depreciation Maintaining building and equipment on the balance

To what extent do not-for-profit organizations have the ability to choose among the following:

  1. Using depreciation
  2. Ignoring depreciation
  3. Maintaining building and equipment on the balance sheet at their original cost
  4. Showing such assets at their market value
  5. Completely charging such assets as expenses in the year acquired

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