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Why Are Some Organizations Exempt from Federal Income Tax

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Why are some organizations exempt from Federal income tax?


Definitions:

Cognitive Resources

The mental capacity and abilities available to an individual for thinking, reasoning, and problem-solving.

Short-term Storage

The part of the memory system where information is temporarily held before it is either forgotten or transferred to long-term memory.

Procedural Memory

A type of long-term memory for performing certain types of tasks or procedures, such as riding a bike or typing, without conscious awareness of the previous experiences.

Bicycling

The use of a bicycle for transportation, recreation, exercise, or sport.

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