FORM 1120 Definition

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FORM 1120 is the income tax return form used by corporations in the U.S.

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ONE-SHOTS is slang for governmental expenditures done on a one time appropriation.

VALUES is the beliefs of a person, corporation or social group in which they have an emotional investment (either for or against something), e.g. corporations formalize their ideals through publication of 'Corporate Values'.

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