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Which of the following should be included in total expenses for a not-for-profit organization? A.Grants to other organizations, but not depreciation B.Depreciation, but not grants

Which of the following should be included in total expenses for a not-for-profit organization?

A.Grants to other organizations, but not depreciation

B.Depreciation, but not grants to other organizations

C.Both depreciation and grants to other organizations

D.Neither depreciation nor grants to other organizations

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