Blue, Inc, Receives Its Support from the Following Sources

question 19

Multiple Choice

Blue, Inc., receives its support from the following sources. Which of the following statements is correct?

• A)Blue, Inc., is a private foundation because it satisfies the external support test and fails the internal support test.
• B)Blue, Inc., is not a private foundation because it fails both the internal and external support tests.
• C)Blue, Inc., is a private foundation because it satisfies both the external support test and the internal support test.
• D)Blue, Inc., is not a private foundation because it satisfies both the external support test and the internal support test.
• E)None of the statements is true.

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Definitions:

Coordination

The process of organizing activities and resources efficiently and effectively to achieve defined goals and objectives within an organization.

Direct Contact

The immediate, face-to-face interaction or communication between individuals, without the use of intermediaries or technology.

Organization Members

Individuals who belong to and participate in the functioning of an organization, including employees, managers, and stakeholders.

Functional Departmentation

The organization of a company into departments based on functions, such as marketing, finance, and production.