The FASB States That Depreciation Expense in a Not-For-Profit Organization

question 3

Multiple Choice

The FASB states that depreciation expense in a not-for-profit organization should be:

• A) Assigned to or allocated to the functions to which it relates.
• B) Reported under the management and general function.
• C) Disclosed in the notes to the financial statements.
• D) Allocated to program but not support functions.

---

Definitions:

Rotating Shifts

A work schedule that changes over a period of days or weeks, involving varying shift times such as mornings, afternoons, and nights.

Sleepwalking

A behavior disorder that involves walking or performing other complex behaviors while in a state of deep sleep.

Non-Rapid Eye Movement

A phase of sleep characterized by slower brain waves, reduced eye movement, and decreased body movement, which includes stages 1 through 3 of the sleep cycle.

Disorder Of Arousal

A type of sleep disorder involving partial arousals from deep sleep, leading to behaviors like sleepwalking, night terrors, or confusional arousals.