Golden Path,a Labor Union,had the Following Receipts and Expenses for the Year

question 53

Multiple Choice

Golden Path,a labor union,had the following receipts and expenses for the year ended December 31,20X8:
The union's constitution provides that 12 percent of the per capita dues be designated for the strike insurance fund to be distributed for strike relief at the discretion of the union's executive board.
-Based on the information provided,in Golden Path's statement of activities for the year ended December 31,20X8,what amount should be reported under the classification of supporting services?

• A)$150,000
• B)$720,000
• C)$440,000
• D)$290,000

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Definitions:

Well-Being

A general state of health, happiness, and prosperity, encompassing physical, mental, and emotional health.

Tertiary Prevention

Efforts to reduce the impact of an ongoing illness or injury that has lasting effects.

Primary Prevention

A type of prevention practised prior to the biological origin of the disease (for example, immunization). See also secondary prevention and tertiary prevention.

Secondary Prevention

A type of prevention practised after the disease is identified but before it has caused suffering and disability (for example, the control of blood sugar early in the course of diabetes to prevent systemic damage). See also primary prevention and tertiary prevention.