One of the Provisions of the McCain-Feingold Act of 2002

question 107

Multiple Choice

One of the provisions of the McCain-Feingold Act of 2002 was to

• A)increase the limit on individual contributions to $5,000.
• B)increase the amount of federal money presidential candidates can spend.
• C)increase the limit on "soft money" contributions.
• D)increase the limit on individual contributions from $1,000 to $2,000.
• E)increase the limit on individual contributions to $10,000.

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Definitions:

Penny-Pinching Techniques

Strategies and methods focused on reducing expenses and conserving financial resources in a cost-effective manner.

Earned Income

The revenue generated by a nonprofit organization through the sale of goods and services, as opposed to funding received through donations or grants.

Sensitivity Analysis

A financial modeling technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Sponsorship Relationship

Describes the formal alliance between an entity, typically a corporation, and another party, often in events, nonprofits, or sports, where each provides mutual benefits to the other.