Fund-raising expenses are classified as

Question

Quizplus · Accepted Answer

Fund-raising expenses are considered supporting services expenses because they support the organization's overall operations and are not directly related to program services. Program services expenses are those that directly relate to the organization's mission and activities, while management and general expenses are those associated with the overall administration and management of the organization. Nonoperating expenses are those that are unrelated to the organization's regular activities, such as gains or losses from the sale of investments.

Fund-Raising Expenses Are Classified as