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Which of the following statements is prepared by all not-for-profit organizations? a. Statement of financial position. b. Statement of functional expenses. c. Statement of revenues,

Which of the following statements is prepared by all not-for-profit organizations?

a.

Statement of financial position.

b.

Statement of functional expenses.

c.

Statement of revenues, expenses, and changes in net position.

d.

Both A and B.

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