An Organization That Collects Donations from Donors and Uses These

question 10

Multiple Choice

An organization that collects donations from donors and uses these funds to donate to candidates, parties, or other political causes is referred to as a(n)

• A) interest group.
• B) 527.
• C) slush fund.
• D) political action committee (PAC).

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Definitions:

Master Budget

A comprehensive financial plan that includes all of a company's budgets and financial plans.

Hourly Cost

The expense incurred for each hour of work performed, often used to calculate labor costs or pricing for services.

Variable Selling

Costs that vary directly with the volume of sales, such as commissions and shipping charges.

Administrative Expense

Administrative expense includes overhead costs not directly tied to a specific project or production process, such as salaries of executive staff, office supplies, and utilities.