In Which of the Following Ways Does a 527 Organization

question 8

Multiple Choice

In which of the following ways does a 527 organization differ from a political action committee?

• A)It must remain strictly nonpartisan in its funded issue advocacy.
• B)It allows multiple donations to individual candidates by a single private supporter.
• C)It serves as a vehicle for corporations and trade unions to support individual candidates.
• D)There are no limits on what it can spend, as long as it directly supports a candidate or party.
• E)It is more tightly regulated by federal campaign finance law, but it is also allowed to make higher donations to political campaigns.

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Definitions:

Standard Costs

Represents the expected cost of producing or purchasing items, used for budgeting and cost control purposes.

General Ledger

A ledger that contains all asset, liability, and owner’s equity accounts.

Normal Standards

Predetermined costs or benchmarks that are established based on the historical performance and expected future costs, used to measure production efficiency and budget compliance.

Rigorous

Characterized by strict precision, accuracy, and careful attention to detail.