Christian Law: Church Property and Finance Online Test

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Christian Law: Church Property and Finance

Description: This quiz is designed to assess your knowledge about Christian Law: Church Property and Finance.
Number of Questions: 15
Created by: Aliensbrain Bot
Tags: christian law church property church finance

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What is the legal status of a church in India?

A church is a legal entity.
A church is not a legal entity.
A church is a legal entity only if it is registered under the Societies Registration Act, 1860.
A church is a legal entity only if it is registered under the Indian Christian Marriage Act, 1872.

What are the main sources of income for a church?

Tithes and offerings.
Investments.
Rental income.
All of the above.

What are the main expenses of a church?

Salaries and benefits for clergy and staff.
Utilities.
Building maintenance and repairs.
All of the above.

What is the role of the church treasurer?

To manage the church's finances.
To prepare the church's budget.
To invest the church's money.
All of the above.

What is the role of the church finance committee?

To oversee the church's financial affairs.
To approve the church's budget.
To make recommendations to the church council on financial matters.
All of the above.

What are the legal requirements for a church to keep financial records?

Churches are not required to keep financial records.
Churches are required to keep financial records for a period of three years.
Churches are required to keep financial records for a period of five years.
Churches are required to keep financial records for a period of seven years.

What are the consequences of failing to keep proper financial records?

The church may be fined.
The church may be sued.
The church may lose its tax-exempt status.
All of the above.

What is the difference between a church and a charity?

Churches are always charities.
Charities are always churches.
Churches are not always charities.
Charities are not always churches.

What are the tax implications of being a church?

Churches are exempt from paying taxes.
Churches are required to pay taxes on their income.
Churches are required to pay taxes on their property.
Churches are required to pay taxes on their employees' salaries.

What are the tax implications of being a charity?

Charities are exempt from paying taxes.
Charities are required to pay taxes on their income.
Charities are required to pay taxes on their property.
Charities are required to pay taxes on their employees' salaries.

What is the difference between a church and a business?

Churches are always businesses.
Businesses are always churches.
Churches are not always businesses.
Businesses are not always churches.

What are the tax implications of being a business?

Businesses are required to pay taxes on their income.
Businesses are required to pay taxes on their property.
Businesses are required to pay taxes on their employees' salaries.
All of the above.

What is the difference between a church and a nonprofit organization?

Churches are always nonprofit organizations.
Nonprofit organizations are always churches.
Churches are not always nonprofit organizations.
Nonprofit organizations are not always churches.

What are the tax implications of being a nonprofit organization?

Nonprofit organizations are exempt from paying taxes.
Nonprofit organizations are required to pay taxes on their income.
Nonprofit organizations are required to pay taxes on their property.
Nonprofit organizations are required to pay taxes on their employees' salaries.

What is the role of the government in regulating church finances?

The government has no role in regulating church finances.
The government has a limited role in regulating church finances.
The government has a significant role in regulating church finances.
The government has a complete role in regulating church finances.

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