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Question 38 of 40 Question 38 2.5 points Cancer Educators, a not-for-profit organization, incurred costs of $20,000 when it combined program functions with fund-raising functions.

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Question 38 of 40 Question 38 2.5 points Cancer Educators, a not-for-profit organization, incurred costs of $20,000 when it combined program functions with fund-raising functions. Which of the following cost allocations might Cancer report in its statement of activities? Program 50, Pund Raising $16,000, and General $4,000 Program S0, Fund Raising $0, and General $20,000 Program 516,000, Pund Raising $2,000, and General $2,000 Program $10,000, Fund Raising $10,000, and General 0 Moving to another question will save this response. Question 38 of 40 Question 27 of 40 Question 27 2.5 points Easterly City has 547 million of debt recorded in its schedule of changes in long term obligations made up of 530 million of general obligation debt, 51 milion of compensated absences payable, 54 million of claims and judgments, and $12 million of obligations under capital leases. The state limits the amount of general obligation debt that can be issued by a city to 20 percent of the assessed value of its taxable property. The assessed value of property in Easterly City is $300 million. The city s legal debt marginis $ 13 million $ 20 million $ 30 million $60 million

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