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Vika [28.1K]
3 years ago
8

Many not-for-profit organizations attempt to classify fund-raising expenses as a program services expenses by making the activit

ies look educational in nature or advocating for the mission of the organization. For such expenses to be reported as program service expenses, they must meet which of the following three criteria:
a. Purpose, mission-related, and benet to the public.
b. Purpose, audience, and content.
c. Purpose, expand donor base, and content.
d. Reasonable, improve nancial condition, and benet to the public
Business
1 answer:
Elena L [17]3 years ago
8 0

Answer:

B. Purpose, audience, and content.

Explanation:Non profit Organisations are Organisations establishing to render services to different classes of persons at either subsidised rates or free these classes of people in a society.

Non profit Organisations are either funded by Government or other donor Organisations within or outside a country. The expenses incurred during the programs of Non profit Organisations to be classified as Program expenses it must have A PURPOSE, AUDIENCE AND CONTENT, this factors make it valid as a program expense.

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Explanation:

1. Repainted the office building: This should be capitalized. This is because repainting is a repair that will restore the physical structure of the office building and significantly improve it. Since it is a capital improvement cost, it should be capitalized and depreciated like other fixed assets.

2. Added a new wing onto the office building: This should be capitalized and depreciated like other fixed assets since it is a capital expenditure that significantly added to the structure of the office building.

3. Took their fleet of cars in for servicing (changing the oil, etc.).: This falls under repair and should be expensed.

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