Question: True or false: An entity receives an art work as a donation. It is valued at $ 2 5 , 0 0 0 . It

True or false: An entity receives an art work as a donation. It is valued at $25,000. It qualifies for optional accounting treatment. Whether the entity is a primary government or a private not-for-profit entity, the optional treatment is identical.
True false question.
True
False

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