Several Profit-Oriented Organizations Participated in the Great American Bake Sale

question 84

Multiple Choice

Several profit-oriented organizations participated in the Great American Bake Sale that was held to raise funds to end child hunger in the United States.Parade magazine and ABC entertainment helped get the word out about this event.For Parade and ABC,this represents what type of social marketing program?

• A)mission marketing
• B)development marketing
• C)cause marketing
• D)business-to-business marketing
• E)promotional marketing

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Definitions:

AGI Deduction

Deductions that can be taken from gross income to arrive at the Adjusted Gross Income, which is used as a basis for calculating taxable income.

Art Supplies

Materials and tools used in the creation of artwork, the costs of which may be tax-deductible for professional artists or educators under certain conditions.

Home Schooling

Education where children are taught at home, typically by parents or tutors, instead of in a traditional public or private school setting.

Education Expense Deduction

A tax deduction allowing taxpayers to deduct eligible schooling and educational costs, lowering their taxable income.