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The FASB requires that a statement showing the relationship of functional expenses to natural
classifications of expense be prepared by which of the following entities?
A. Collleges and universities
B. Voluntary health and welfare entities.
C. All not for profit entities
D. Health care entities.
A. Collleges and universities
B. Voluntary health and welfare entities.
C. All not for profit entities
D. Health care entities.

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