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 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
What form of classification of expenses is expected for a 
charity whose gross income does not exceed ?250,000 
preparing accruals accounts?
 Question Submitted By :: Guest
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  Re: What form of classification of expenses is expected for a charity whose gross income does not exceed ?250,000 preparing accruals accounts?
Answer
# 1
Any classification is acceptable. Classification by 
function (Costs of Generating Funds, Charitable Expenditure 
etc) is not required unless gross income is over ?250,000
 
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