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Which one of the following financial statements is not required by GAAP regarding a voluntary health and welfare organization? Statement of Financial Position. Statement of Functional Expense. Statement of Activities and Changes in Net Assets. Statement of Cash Flows. Statement of Operations.

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Statement of Operations is not required by GAAP regarding a voluntary health and welfare organization.

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User Keibosh
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Answer:

Statement of Operations. ( last choice)

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User Rowland
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