The following expenditures were among those incurred by Alma University, a nongovernmental not-for-profit, during the...
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Accounting
The following expenditures were among those incurred by Alma University, a nongovernmental not-for-profit, during the current year:
Administrative data processing $ 50,000
Scholarships and fellowships 100,000
Operation and maintenance of physical plant 200,000
The amount to be included in the functional classification for institutional support expenditures is
A. $50,000
B. $150,000
C. $250,000
D. $350,000
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