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FAR > Not-For-Profit Financial Reporting > Flashcards

Not-For-Profit Financial Reporting Flashcards

Part 1 & 2

1
Q

What are NFPs required to disclose, display, or separately report regarding expenses?

A

NFPs must disclose, display, or separately report the relationship between functional classifications and natural classifications of expenses.

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FAR (18 decks)

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