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What does it mean to report expenses by function for not-for-profits? a) To report expenses grouped by the activity for which the expenses occurred, such

What does it mean to report expenses by function for not-for-profits? 


a) To report expenses grouped by the activity for which the expenses occurred, such as programs or supporting services. 


b) To report expenses as either manufacturing expenses, selling expenses, or general/administrative expenses. 


c) To group expenses by their natural classifications, such as salaries, maintenance, etc.


d) To group expenses as either period or product costs.

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