An Intermediate Sanction Imposed by the IRS on an Exempt

question 51

True/False

An intermediate sanction imposed by the IRS on an exempt organization is a greater sanction than revocation of exempt status.

---

Definitions:

Liver

A vital organ in vertebrates responsible for detoxification, protein synthesis, and production of biochemicals necessary for digestion, among other functions.

Human Plasma

The clear, straw-colored liquid portion of blood that remains after red blood cells, white blood cells, and platelets have been removed.

Albumin

A type of protein found in blood plasma and other bodily fluids, important for maintaining pressure and transport functions within the body.

Mainly Composed

Primarily made up of or constituted by; refers to the significant components that form the bulk of an object or substance.