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QUESTION 11 FunctionalexpensesrecordedinthegeneralledgerofABC,anon-governmentalnot-for-profitorganization,areasfollows: Soliciting prospective members $45,000 Printing membership benefits brochures 30,000 Soliciting membershipdues25,000 Maintaining donor list10,000 WhatamountshouldABCreportasfund-raisingexpenses? $10,000 $35,000 $70,000 $110,000

QUESTION 11

FunctionalexpensesrecordedinthegeneralledgerofABC,anon-governmentalnot-for-profitorganization,areasfollows:

Soliciting prospective members $45,000

Printing membership benefits brochures 30,000

Soliciting membershipdues25,000

Maintaining donor list10,000

WhatamountshouldABCreportasfund-raisingexpenses?

  1. $10,000
  2. $35,000
  3. $70,000
  4. $110,000

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