Which Act Reflected the Wish of Congress to Limit the Role

question 14

Multiple Choice

Which act reflected the wish of Congress to limit the role of money in politics through the regulation of campaign contributions?​

• A) ​The Federal Election Campaign Act of 1971
• B) ​The Revenue Act of 1954
• C) ​The Lobbying Disclosure Act of 1995
• D) ​The Hatch Act

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Definitions:

Calendar Year

The period of time from January 1st to December 31st used by most businesses for accounting and reporting purposes.

Fiscal Year

A 12-month period that companies use for accounting purposes and preparing financial statements, which does not necessarily align with the calendar year.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from the total revenue.

Common Stock

Represents equity ownership in a corporation, with holders possibly entitled to vote on corporate policy and receive dividends.