Answer:
a. Reported by functional classification
Correct Match: Expenses
b. The activities that result in goods and services being distributed to beneficiaries that fulfill the purposes of the entity
Correct Match: Supporting activities
c. A nongovernmental NFP's external reporting must be based on this guidance
Correct Match: GASB standards
d. An acceptable method for internal purposes in a nongovernmental NFP. But not required for external reporting
Correct Match: US GAAP
e. A purpose of external financial reporting by an NFP
Correct Match: Fund accounting
f. Recognized for amounts received in agency transactions
Correct Match: Revenues
g. Items ordinarily reported on the statement of activities as net amounts
Correct Match: Revenues
