[NinaSun]

Functional expense recorded in the general ledger of ABC, a non-governmental not-for-profit organization, are as follows:

Soliciting prospective members $45,000

Printing membership benefits brochures 30,000

Soliciting membership dues 25,000

Maintaining donor list 10,000

What amount should ABC report as fund-raising expenses?

a, $35,000

b. $70,000

c. $110,000

d. $10,000

The answer is “d”. I think all of them are “appeals to the public”. The answer also bring about membership development expense and administrative collection function. Can anyone explain the differences of these three? Thanks

AUD-74,75 11/2014
REG-80 04/2015
FAR-74, 91 11/2015
BEC-79 08/2015