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The purpose of the reporting of functional expenses is to: A. Report on the net income of each program and the related direct and indirect

The purpose of the reporting of functional expenses is to: A. Report on the net income of each program and the related direct and indirect expenses. B. Report on program expenses and supporting expenses. C. Report on the natural expenses (object-of-expense), as well as program and support functions expenses. D. Report on the cash flows of each program and that of supporting the programs.

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