Match the Term with the Proper Response

question 86

Multiple Choice

Match the term with the proper response. There may be more than one responses for each term.
-OAA

• A)Gross receipts from royalties, passive rents, dividends, interest, etc.
• B)Penalty tax to stop an S corporation from avoiding the corporate tax on disposition of appreciated property.
• C)Cumulative total of undistributed non-separately and separately stated items.
• D)Tax-free distribution.
• E)Taxed as dividend income.

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Definitions:

Financial Statement Analysis

The examination of financial statements in order to assess a business's performance and to make decisions about the future.