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    Business
  3. Study Set
    Essentials of Accounting
  4. Exam
    Exam 13: Auditing, Tax-Exempt Organizations, and Evaluating Performance
  5. Question
    The Purpose of the Unrelated Business Income Tax Is to Eliminate
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The Purpose of the Unrelated Business Income Tax Is to Eliminate

Question 147

Question 147

True/False

The purpose of the Unrelated Business Income Tax is to eliminate advantages that tax-exempt organizations have over commercial enterprises providing goods or services for sale.

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