Which of the Following Attributes Are Associated with Exempt Organizations

question 3

Multiple Choice

Which of the following attributes are associated with exempt organizations?

• A) Organization serves some type of common good.
• B) Organization is not a for profit entity.
• C) Net earnings do not benefit the members of the organization.
• D) Organization does not exert political influence.
• E) All of the above statements are true.

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Definitions:

Required Condition

A necessary criterion or condition that must be met for a procedure to be carried out or for a statement to be considered true.

Graphical Device

A tool or technology used to create visual representations of data to facilitate understanding.

Degrees of Freedom

In statistics, the number of independent pieces of information available to estimate another piece of information or parameters in a model.

ANOVA

Short for Analysis of Variance, a statistical method used to compare the means of three or more samples to see if at least one differs significantly.