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Financial Management & IRS Form 990

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Read the text and module and answer the following questions:

1) If a nonprofit organization has only one employee, what controls might be instituted to minimize waste, fraud, and abuse? (1 point)

2) Write a policy related to minimizing waste, fraud, and abuse for the organization you are creating for this class.(2 points)

3) What is the IRS Form 990? Why do nonprofit organizations have to complete it? (1 point)

Sample Solution

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