The Campaign Funds Raised and Spent by 501(c)(4)organizations Are Called

question 69

Multiple Choice

The campaign funds raised and spent by 501(c) (4) organizations are called "dark money" because

• A)they are technically illegal under an unenforced provision of federal campaign
• Finance law.
• B)donors and amounts contributed do not have to be made public.
• C)they can only be used during nonelection years.
• D)they are only used to support candidates from relatively unknown third parties.

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Definitions:

Fraud

Deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Demand An Accounting

A legal request for a detailed report of financial transactions and balances, typically made by stakeholders to ensure transparency.

Forensic Auditor

A professional who examines financial records to detect or investigate fraud, ensuring legal compliance and integrity.

Commissions

Earnings based on a percentage of the sale price of goods or services, typically used as compensation for sales personnel.