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    Essentials of Accounting Study Set 3
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    Exam 13: Auditing, Tax-exempt Organizations, and Evaluating Performance
  5. Question
    A Tax-Exempt Organization Is Required to Pay Income Taxes On
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A Tax-Exempt Organization Is Required to Pay Income Taxes On

Question 125

Question 125

Multiple Choice

A tax-exempt organization is required to pay income taxes on:


A) Profit that is earned.
B) Investment gains or losses.
C) Unrelated business income.
D) Contributions received.

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