Define 501(c)(3) corporation
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A: a.
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Define 501(c)(3) corporation
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- The following corporations are governed by the Revised Corporation Code, except: * A. Stock corporation B. Close corporation C. Public corporation D. Government-owned and controlled corporationsExplain publicly owned corporationA corporation is an organization, or a group of companies authorized to act as a single entity, and established by a charter passed by parliament or legislature. Required: Outline five reasons why corporation is preferred to other forms of business?
- 3) What are the FASB standard require that non-profit organization in financial statements?3) A nongovernmental, not-for-profit entity is subject to: GASB FASB A) I only B) II only C) a combination of I and II depending on the entity's purpose D) neither I or II5 What must be included in the name of all corporations - as required by all states?
