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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.
- 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?
- As general services costs
- As supporting services costs
- As primary services costs
- As program services costs.
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