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.

---

Definitions:

TEAM Act

Legislation that aims to promote teamwork, employee involvement, and open communication between workers and management within companies.

Nonunion Employee Representation

A system in which employees are represented in discussions with employers by entities or committees not affiliated with labor unions.

NLRA Deregulation

The process of reducing or eliminating government rules governing the National Labor Relations Act, potentially affecting labor relations and practices.

Antitrust Regulations

Laws and policies designed to prevent anti-competitive practices, monopoly, and to promote fair competition for the benefit of consumers.