Please choose the correct answer. 1. NGOs are not required to file audited financial statements in SEC? Choices: True or False 2. NGOs generally utilized cash basis of accounting? Choices: True or...

Please choose the correct answer.

1. NGOs are not required to file audited financial statements in SEC?

Choices:
True or False

2.  NGOs generally utilized cash basis of accounting?

Choices:
True or False

3. The DTI and SEC of the Philippines serve as the registration authority for non-stock corporation.

Choices: True or False