The opening paragraphs to this chapter discuss a nonprofit organization called The Wounded Warrior Project and their use of joint cost allocation. FASB has very specific criteria for when non-profit organizations can allocate joint costs. The concern of FASB is that the constituents of the organization should have a clear vision as to how much of the contributions to the organization are being used to meet the mission versus fund administrative costs. The allocation of joint costs may imply that more is being spent on program goals than is actually being spent. On the other hand, many non-profit organizations believe that allowing the allocation of joint costs encourages more efficient operation of the organization. Read through the information provided and discuss what you think would be the appropriate treatment for joint costs. Should the allocation be limited, as it currently is? Should non-profits be allowed to allocate all joint costs or no joint costs? Discuss the potential advantages and disadvantages of the different options