A 527 Organization

question 53

Multiple Choice

A 527 organization:

• A) is an organization that seeks to gain government contracts.
• B) typically will coordinate electoral strategy with candidates and party leaders to develop a consistent and unified campaign message.
• C) is illegal in the United States.
• D) contributes a significant amount of money to campaigns but must limit contributions and spending to comply with federal campaign finance laws.
• E) seeks to influence elections through voter mobilization efforts and issue ads that do not directly endorse or oppose a candidate.

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Definitions:

Sales Budget

A financial projection that estimates future sales, usually in terms of both volume and revenue.

Operating Expenses

Costs associated with the day-to-day activities of a business, excluding the cost of goods sold, such as rent, utilities, and salaries.

Budgeted Purchases

The estimated amount of goods or inventory a business plans to buy during a specific period.

Cash Paid

The total amount of money paid by a business or individual for goods, services, debts, or other financial obligations during a specific period.