On the statement of functional expenses prepared for a voluntary health and welfare organization, depreciation expense is allocated to:I. expenses for program services. II. expenses for supporting services. 

A. Both I and II
B. Neither I nor II
C. I only
D. II only


Answer: A

Business

You might also like to view...

What determines the type of organizational design an organization falls under?

a. type of departmentalization b. type of functionalities c. structure of the organization chart d. the chain of command

Business

A company has positive cash flow from investing and financing activities, but negative cash flow from operating activities. The likely result is:

A. Creditors will continue to lend money to the company. B. Creditors will demand immediate repayment of all outstanding debt. C. investors may not buy the company's stock because the receipt of dividends is unlikely. D. investors will continue to buy stock since the company's growth prospects are good.

Business

Common elements in the title area of a master slide are:

a. the title b. a graphical image c. a separator—usually a line d. all of the above

Business

Biz Solutions has 12 call centers worldwide handling customer service issues for a variety of companies. The firm is considering the purchase of a software firm that serves the oil and gas industry. According to Igor Ansoff's Product-Market Matrix, this is an example of the ________ strategy.

A. market penetration B. product development C. market diversification D. product differentiation E. market development

Business