Public disclosure rules require that a tax-exempt not-for-profit organization:
A. Post a copy of its articles of incorporation and by-laws on its website.
B. Make available a copy of its Form 990-T, but not its Form 990, to the public for a period of up to two years.
C. Provide a copy of the minutes to all board meetings to any person who requests the minutes within 90 days of the board meeting.
D. Make available a copy of its Form 990 to the public for a period of up to three years.
Answer: D
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Suppose the federal funds rate is 6 percent. If the output gap increases by 2 percentage points and the weight on output gap is 0.6, by how much should the federal funds rate increase according to the Taylor rule if all other variables remain unchanged??
A. It should increase by 0.4 percentage points. B. It should increase by 0.6 percentage points. C. It should increase by 2 percentage points. D. It should increase by 1.2 percentage points.
Generally, subsidiary ledgers are used for accounts that consist of a large number of individual items
Indicate whether the statement is true or false
B&T Company's production costs for May are: direct labor, $13,000; indirect labor, $6,500; direct materials, $15,000; property taxes on production facility, $800; factory heat, lights and power, $1,000; and insurance on plant and equipment, $200. B&T Company's factory overhead incurred for May is:
A. $6,500. B. $21,500. C. $2,000. D. $36,500. E. $8,500.
Which of the following would be the most effective action-request statement?
a. Make your purchase before December 15 and receive your valuable money-saving rebate. b. Don't hesitate another minute over the wisdom of this decision. c. Purchasing your Zoom mower within the next few weeks will assure you of paying the lowest price this season. d. Please send your payment today before the present inventory is sold out.