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QUESTION 3 2 points of the following statements is NOT accurate with respect to the recording of expenses for a not-for- fit? O A Expenses
QUESTION 3 2 points of the following statements is NOT accurate with respect to the recording of expenses for a not-for- fit? O A Expenses are reported in the unrestricted net asset class. O B. Expenses are measured on the accrual basis o e. The FASB requires expenses to be classified as program or supporting. D. The FASB requires expenses to be reported by function or program in the Statement of Activities. QUESTION 4 2 poi
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