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  3. 2. donated art works i. are recorded at the fair v

2. Donated Art works I. are recorded at the fair value at date of donation...

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Accounting

2. Donated Art works

I. are recorded at the fair value at date of donation

II. do not require recording if held for public exhibition, protected and

preserved and understanding that money received from sale will be used to

acquire additional artwork.

III. are recorded based solely on requirements designated by donor

A. I and II

B. I, II and III

C. I and III

D. II and III

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