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Not-for-profit entities are required to present information about the nature and function of expenses and this information can be reported in which of the following?

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Not-for-profit entities are required to present information about the nature and function of expenses and this information can be reported in which of the following? Multiple Choice Statement of Financial Position Statement of Cash Flows, or notes to financial statements Statement of Cash Flows, Statement of Functional Expenses, or Statement of Activities Statement of Financial Position Statement of Functional Expenses, or Statement of Cash Flows Statement of Activities, Statement of Functional Expenses, or notes to financial statements Statement of Activities, Statement of Budget to Actual, or income Statement

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