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Which of the following best describes a probate?
Nonprofit Organizations
Organizations that operate for charitable, educational, cultural, or social welfare purposes, using surplus revenues to further achieve their goals rather than distributing them as profit or dividends.
Revenue Over Expenses
A financial metric indicating profitability, where income surpasses the costs incurred in generating it.
Shareholders
Individuals or entities that own shares in a corporation, making them co-owners of the business and entitling them to dividends and certain rights.
Treasury
The department within a government or corporation responsible for managing financial operations, including revenue, expenditure, and debt.
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