Which of the Following Statements Is Correct

question 20

Multiple Choice

Which of the following statements is correct?

• A)For an exempt organization not to be classified as a private foundation under the broadly supported provision, both the external support test and the internal support test must be satisfied.
• B)For an exempt organization not to be classified as a private foundation under the broadly supported provision, both the external support test and the internal support test must be failed.
• C)For an exempt organization not to be classified as a private foundation under the broadly supported provision, the external support test must be satisfied and the internal support test must be failed.
• D)For an exempt organization not to be classified as a private foundation under the broadly supported provision, the external support test must be failed and the internal support test must be passed.
• E)None of the above statements is correct.

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Definitions:

Engagement Ring

A ring typically given during a proposal of marriage, symbolizing intent to marry.

Eternity

A concept referring to an infinite or unending time duration.

Symbolize

To represent something else, typically an idea, belief, or concept, through the use of symbols.

Devitalized

Refers to something that has lost its vitality, energy, or life force.