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  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 13: Not-for-Profit Organizations—Regulatory, Taxation, and Performance Issues
  5. Question
    The Not-For-Profit Organization Applying for Tax-Exempt Status Determines the Appropriate
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The Not-For-Profit Organization Applying for Tax-Exempt Status Determines the Appropriate

Question 2

Question 2

True/False

The not-for-profit organization applying for tax-exempt status determines the appropriate subsection under IRC Sec. 501 for which it wants to be considered and the Internal Revenue Service then approves or denies the application.

Correct Answer:

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