Corporations can be classified by purpose (e.g., profit or not-for-profit) or by ownership (e.g., public or private).
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When classifying a corporation as to its purpose the category profit and notforprofit a...View the full answer
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Related Book For 
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118024492
5th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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