How Does the FASB Require Not-For-Profit Organizations to Report Expenses

How does the FASB require not-for-profit organizations to report expenses?

A) Natural classification, such as salaries, rent, and supplies.
B) Functional classification, such as program and support.
C) Management has the option of reporting using natural classification or functional classification.
D) Both natural classification and functional classification must be reported, one must be recognized on the face of the financial statements and one is reported in the notes to the financial statements.