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phung80219
Contributor

Joined: 01 May 2010
Location: United States
Online Status: Offline
Posts: 93

Posted: 08 May 2010 at 00:39 \| IP Logged

Hi, can someone explain to me why the answer is a) $10,000?

thanks!

__________________
-Phung
-REG 11/17/2009 Passed
-FAR 07/13/2010 Passed
-AUD 10/04/2010
-BEC 11/30/2010

Jan_in_WI
Newbie
Newbie

Joined: 30 Apr 2010
Online Status: Offline
Posts: 10

Posted: 08 May 2010 at 14:55 \| IP Logged

Hi,

I found this information on the Web:

Fund-raising activities include publicizing and conducting fund-raising campaigns; maintaining donor mailing lists; conducting special fund-raising events; preparing and distributing fund-raising manuals, instructions and other materials; and conducting other activities involved with soliciting contributions from individuals, foundations, government agencies and others. Membership-development activities include soliciting for prospective members and membership dues, membership relations and similar activities.

Here is a link to the site:
http://www.labyrinthinc.com/SharedContent/SingleFaq.asp?faqi d=31

Hope it helps,

Jan

njacct09
Regular
Regular

Joined: 25 Jun 2009
Location: United States
Online Status: Offline
Posts: 115

Posted: 08 May 2010 at 16:49 \| IP Logged

I had issues with this MCQ also, If we're using the same material, check out page 9-47.

The way I think of it going forward is that "fund-raising" expenses and "membership development" are both support services, however they must be presented separately.

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Becker 2009 Study Materials

BEC 8/4/09 - 88
REG 10/18/09 - 92
AUD 1/6/2010 - 86
FAR 5/18/10 - 86

divyagovil1
Major Contributor

Joined: 30 Jan 2009
Location: India
Online Status: Offline
Posts: 1456

Posted: 12 May 2010 at 09:32 \| IP Logged

njacct09 wrote:

I had issues with this MCQ also, If we're using the same material, check out page 9-47.

The way I think of it going forward is that "fund-raising" expenses and "membership development" are both support services, however they must be presented separately.

Yes, this mcq confused me too when I was preparing for this exam... May be this link can shed some light:

http://www.cpanet.com/cpa_forum/forum_posts.asp?TID=22306&am p;get=last#140428

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Divya - CO State

Passed using Becker Review :
FAR - 04/11/09 - 94
BEC - 05/30/09 - 86
REG - 08/29/09 - 95
AUD - 11/21/09 - 92
Ethics - 2011

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