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Donor-imposed restrictions must be clearly reflected in financial statements of not-for-profit organizations.

A. True
B. False

User SidD
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1 Answer

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Final answer:

Donor-imposed restrictions on not-for-profits must be reported (A. True). The necessary and proper clause expands, rather than limits, federal power (B. False). Colonists protested the lack of say in tax use (A. True). Dillon's Rule limits local government authority (B. False).

Step-by-step explanation:

Donor-imposed restrictions must be clearly reflected in financial statements of not-for-profit organizations. The correct answer is A. True. Donors may stipulate how their contributions should be used, and not-for-profit organizations must comply with these restrictions. This information must be disclosed in the financial statements to ensure transparency and accountability.

Exercise 9.3.1

The necessary and proper clause has had the effect of limiting the power of the national government. The correct answer is B. False. This clause, found in Article I, Section 8 of the Constitution, actually grants Congress the authority to make all laws which shall be necessary and proper for carrying into execution its powers, thereby expanding federal power rather than limiting it.

Exercise 7.3.1

The colonists did not necessarily object to the principle of taxation, but rather how the tax money would be applied. The correct answer is A. True. The colonists were more concerned with the fact that they were taxed without representation, and that they did not have a say in how the taxes were used by the British government.

3. Dillon's Rule

Dillon's Rule gives local governments the freedom and flexibility to make decisions for themselves. The correct answer is B. False. Dillon's Rule is a legal principle that holds that local governments have only those powers expressly conferred by the state government or those powers closely linked to the express powers.

User Jemo Mgebrishvili
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