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Which of the following terms is used to indicate that a donor provided a gift with explicit instructions that the gift is to be used
Which of the following terms is used to indicate that a donor provided a gift with explicit instructions that the gift is to be used for a specific purpose by the not-for-profit but the entire amount may be spent right away? A. Net assets with donor restrictions. B. Permanently restricted net assets. C. Endowment assets. D. Net assets without donor restrictions.
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