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501(c)(3) Nonprofit
Financial Accounting/The Income Statement
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Classification of Operating Expenses

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Which of the following is NOT classified as an operating expense?
AUtilities
BAdvertising
CPurchase of equipment
DSalaries
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CLEP AI Foundation is a 501(c)(3) nonprofit public charity. EIN 42-2740810 · Washington UBI 606234803 · Bothell, WA · clep@clep.ai

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