A donor pledges to support a program for a future year. Public colleges and universities recognize contribution revenue in the year in which the unconditional pledge is made.
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Q40: NACUBO guidelines require both revenues and expenses
Q41: Public colleges and universities are primarily subject
Q42: Cash paid for interest is classified as
Q43: Cash paid for equipment is classified as
Q44: Generally speaking, accounting standards for private colleges
Q46: Pell Grants received by public colleges are
Q47: Revenue for reimbursement grants may be recognized
Q48: A donor pledges to support a program
Q49: A college receives cash from a donor
Q50: According to GASB, with respect to public
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