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    Essentials of Accounting Study Set 2
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    Exam 10: Accounting for Private Not-For-Profit Organizations
  5. Question
    Expenses Must Be Presented Separately in the Statement of Activities
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Expenses Must Be Presented Separately in the Statement of Activities

Question 80

Question 80

True/False

Expenses must be presented separately in the Statement of Activities for the three classes (unrestricted,temporarily restricted,and permanently restricted).

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