Approval from the IRS of 501(c)(3) status exempts an organization from which of the following?

A. All taxes.

B. Federal income taxes.

C. Federal and state income taxes.

D. Income taxes and sales taxes.

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When organization and directory apply for not for profit status from a state, they are subject to which of the following?

A. Oversight, transparency, and accountability for performance.

B. Supervision, transparency, and profitability.

C. Oversight, reliability, transparency of performance.

D. Responsibility for performance, accountability, and liability.