A not-for-profit (NFP) organization acting as a financial intermediary receives a contribution. Under the FASB Codificationthe NFP would be most likely to recognize the contribution as a liability under which of the following situations?
A. The NFP has variance power.
B. The NFP is acting as an agent, receiving the contribution on behalf of another organization.
C. The NFP is financially interrelated with the organization on whose behalf it received the contribution.
D. The NFP is controlled by the organization on whose behalf it received the contribution.
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