On a Statement of Activities for a Not-For-Profit Entity, What

question 21

Multiple Choice

On a Statement of Activities for a not-for-profit entity, what are the broad categories of supporting service costs required to be reported?

• A) Fundraising expenses and operating expenses.
• B) Program services expenses and administrative services expenses.
• C) Fundraising expenses and supporting services expenses.
• D) Fundraising expenses and administrative expenses.
• E) Operating expenses and administrative expenses.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.