Which Statement Regarding Event Sponsorship Is True

question 10

Multiple Choice

Which statement regarding event sponsorship is true?

• A)Sponsorship is losing its popularity with firms because of the increasing expense associated with event sponsorship.
• B)There is practically no important international cultural event that does not have the backing of multinational corporations.
• C)Event sponsorship is illegal in many countries outside of the United States.
• D)All of the above statements are true.

---

Definitions:

Consumption Sector

The part of the economy that involves the purchase and use of goods and services by households.

Social Security

A government program that provides financial support to people who are retired, disabled, or survivors of deceased workers.

Payroll Tax

Assessments required from employers or their employees, usually expressed as a percentage of the remuneration that staff earn.

Federal Income Taxes

Taxes levied by the national government on individual and business earnings.