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    Essentials of Accounting Study Set 3
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    Exam 13: Auditing, Tax-exempt Organizations, and Evaluating Performance
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    Tax Code Section 501 Provides That Nonprofit Organizations Organized for Charitable
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Tax Code Section 501 Provides That Nonprofit Organizations Organized for Charitable

Question 157

Question 157

True/False

Tax Code Section 501 provides that nonprofit organizations organized for charitable purposes may be exempt from federal income taxes.

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