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Question 8 Not yet answered Marked out of 1.00 P Flag question Statement of functional expenses Mighty Big Museum, a nongovernmental not-for-profit organization, had the
Question 8 Not yet answered Marked out of 1.00 P Flag question Statement of functional expenses Mighty Big Museum, a nongovernmental not-for-profit organization, had the following balances in its statement of functional expenses: Education $300,000 Fundraising 250,000 Management and general 200,000 Research 50,000 What amount should Mighty Big Museum report as expenses for support services? $350,000 $450,000 $500,000 $800,000 Question 10 Not yet answered Marked out of 1.00 P Flag question Statement of cash flows Scouting for All, Inc., a not-for-profit organization, received unrestricted cash donations of $50,000 and $100,000 of contributions restricted solely for the purchase of land, buildings, or equipment. In its statement of cash flows for the year, Scouting for All will report which of the following amounts: Operating Activities Investing Activities Financing Activities $150,000 $0 $0 $50,000 $100,000 $0 $50,000 $0 $100,000 $0 $50,000 $100,000 ro u o
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