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Which of the following is non-profit organization?

A. Sole proprietorship

B. Partnership

C. Limited company

D. Trust

Answer: Option D

Solution(By Examveda Team)

Trust is non-profit organization. A nonprofit organization is a business that has been granted tax-exempt status by the Internal Revenue Service (IRS) because it furthers a social cause and provides a public benefit.

This Question Belongs to Commerce >> Accounting

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