A Not-For-Profit Organization Incurred $10,000 in Management and General Expenses

question 74

Multiple Choice

A not-for-profit organization incurred $10,000 in management and general expenses in the current fiscal year. In the organization's statement of activities prepared in conformity with FASB standards, the $10,000 would be reported as:

• A) A deduction from program revenue.
• B) Fund-raising expense.
• C) Program services expenses.
• D) Supporting services expenses.

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Definitions:

Direct Awareness

The immediate and intuitive recognition or perception of an object, situation, or truth without the need for reasoning.

Psychodynamic Theorists

Psychologists who study and apply the theories and methods originating from the work of Sigmund Freud, focusing on unconscious processes influencing behavior.

Unconscious

The part of the mind outside of conscious awareness.

Neo-Analytic

Refers to the modern re-interpretation and extension of Freudian psychoanalysis, focusing more on social and cultural aspects of personality development.