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1A. Aside from board members, who else is a disqualified person, and what is meant by excess benefits? What is inurement? 1B. Should nonprofits have
1A. Aside from board members, who else is a disqualified person, and what is meant by excess benefits? What is inurement?
1B. Should nonprofits have GAAP established under another body under FAF? PS-Both GASB and FASB are under the FAF (Financial Accounting Foundation). Why are names and date formats in statement headings so important to accountants?
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