IRS. a. Indicate whether the following statements are "True" or "False" regarding the reporting responsibilities Abby Sue might have as church treasurer.

1.) Filing Form 1023 [Application for Recognition of Exemption under § 501(c) (3)] is recommended.

2.) Filing an annual information return is required for most exempt organizations.

3.) Filing Form 990-T (Exempt Organization Business Income Tax Return) is required for most exempt organizations.

4.) Filing Form 1120 (Return for Corporations) is required.