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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?
- $10,000
- $35,000
- $70,000
- $110,000
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