If a Tax-Exempt Organization Dissolves and Goes Out of Business,it

question 36

True/False

If a tax-exempt organization dissolves and goes out of business,it must distribute its assets to another tax-exempt organization.

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Definitions:

Organizational Citizenship Behavior

Refers to voluntary actions by employees that go beyond their formal job requirements to enhance the workplace environment and its functioning.

Task Performance

Task performance is the execution and completion of assigned duties or tasks as per the expected standards.

Talented Employees

Individuals with exceptional skills, knowledge, or abilities that contribute significantly to an organization's success.

Managers

Individuals in charge of directing and overseeing the operations and employees within a segment of an organization to achieve certain objectives.