Answer:
The given statement is False
Explanation:
There are a few limits on how applicants can spend through cash. As a rule, applicants are not permitted to use more money added to campaign funds for any private purpose.
The cash you provide for the possibility for political office must be spent on battle activities. However, any money left over after a political race may stay in the campaign account or be moved to a party account, as indicated by the Federal Election Commission guidelines.