On a Statement of Activities for a not-for-profit entity, what is the minimum required classification for categories of expenses?

Multiple Choice

A. Fund-raising expenses and operating expenses.

B Program services expenses and administrative services expenses.

C. Program services expenses and supporting services expenses.

D. Operating expenses and supporting services expenses.

E. Operating expenses and administrative expenses.

Answer rating: 100% (QA)

On a statement of activities for a Not For Profit Organisation entity the minim... View the full answer