Which of the following not-for-profit organizations is most likely to be tax-exempt under IRC Sec. 501(c)(3)?
A. Regional Association of Tree Trimmers.
B. Survivors of Breast Cancer Club.
C. Beta Kappa Alpha Sorority.
D. Peaceful Dreams Cemetery Association.
Answer: B
You might also like to view...
Ceilings for both SUTA and FUTA taxes are currently $7,000
Indicate whether the statement is true or false
Popular Web conferencing software includes WebEx and GoToMeeting.
Answer the following statement true (T) or false (F)
Magno Cereal Corporation uses a standard cost system for its "crunchy pickle" cereal. The materials standard for each batch of cereal produced is 1.4 pounds of pickles at a standard cost of $3.00 per pound. During the month of August, Magno purchased 78,000 pounds of pickles at a total cost of $253,500. Magno used all of these pickles to produce 60,000 batches of cereal. What is Magno's materials quantity variance for August?
A. $54,000 Unfavorable B. $18,000 Favorable C. $19,500 Unfavorable D. $1,500 Unfavorable
Most health insurance plans fall into two basic categories: HPOs and PPOs
Indicate whether the statement is true or false.