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ACME Corporation is a private NFP that qualifies as a voluntary health and welfare organization. In the current year, ACME incurs $75,000 in administrative expenses.

  1. ACME Corporation is a private NFP that qualifies as a voluntary health and welfare organization. In the current year, ACME incurs $75,000 in administrative expenses. How should these costs be reported on a statement of activities?
  1. As general services costs
  2. As supporting services costs
  3. As primary services costs
  4. As program services costs.

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