Which of the Following Is True Regarding International Organizations

question 84

Multiple Choice

Which of the following is true regarding international organizations?

• A) The United Nations is an international organization, but the International Monetary Fund is not.
• B) The International Monetary Fund is an international organization, but neither the United Nations nor the International Bank for Reconstruction and Development (World Bank) are international organizations.
• C) The International Bank for Reconstruction and Development (World Bank) and the International Money Fund are international organizations, but the United Nations is not an international organization.
• D) The United Nations and the International Monetary Fund are international organizations, but the International Bank for Reconstruction and Development (World Bank) is not.
• E) The United Nations, the International Monetary Fund, and the International Bank for Reconstruction and Development (World Bank) are all international organizations.

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Definitions:

Tax Returns

A formal statement of income over a specific period, filed with the government or tax authority, used to calculate taxes owed or refunds due to the taxpayer.

Double Taxation

Refers to the taxation of the same income or financial transaction at two different levels, such as corporate profits taxed both at the corporate and individual shareholder level.

Dividends

Payments made by a corporation to its shareholders from its profits or reserves.

LLPs

Limited Liability Partnerships, a legal structure for businesses where partners have limited liabilities.