On a Statement of Functional Expenses for a Voluntary Health

question 56

Multiple Choice

On a statement of functional expenses for a voluntary health and welfare organization, how are expenses classified?

• A) health services 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.

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Definitions:

Formal Operations

The stage in Piaget's theory of cognitive development where individuals develop the ability to think abstractly, logically, and systematically.

Formal Operational

A stage of cognitive development in which individuals become capable of abstract thinking and logical reasoning.

Concrete Operational

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events.

Preoperational

A stage in Piaget's theory of cognitive development, occurring from approximately ages 2 to 7, characterized by symbolic thought and egocentrism but a lack of operational logic.