Examlex
Which of the following is NOT an element of the cash budget?
Incorporated
The process by which a business becomes a legally recognized entity, separate from its owners, with its own rights and liabilities.
Articles of Organization
Legal documents filed with the state that formally establish the creation of a limited liability company (LLC).
Limited Liability Company
An organizational model that merges the direct tax benefits of a partnership or single ownership with the reduced legal responsibility of a corporation.
Foreign Corporation
A corporation created by or organized under the laws of a state other than the one in which it is operating.
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