Question: Select the two different requirements that allow ways a NFP organization to recognize a revenue and expense for contributed services. Group of answer choices The

Select the two different requirements that allow ways a NFP organization to recognize a revenue and expense for contributed services.

Group of answer choices

The donated service must create or enhance a nonfinancial asset

The individual must have volunteered to work for the NFP

The donated service must be material to the organization.

The donated service must require specialized skills that are provided by individuals possessing those skills, and typically would have to be purchased if not provided by donation

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