Under FAS 117, all expenses are reported in the unrestricted category-even expenses incurred in satisfying donor-imposed restrictions.

Name: Under FAS 117, all expenses are reported in the unrestricted category-even expenses incurred in satisfying donor-imposed restrictions.
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Under FAS 117, expenses are reported in the unrestricted category because expenses are considered to be reductions of unrestricted net assets, even if they are incurred to satisfy donor-imposed restrictions.

Under FAS 117, All Expenses Are Reported in the Unrestricted