Which of the Following Criteria Must Be Met for a Company

question 68

Multiple Choice

Which of the following criteria must be met for a company to be treated as an S corporation?

• A)Shareholders must be other corporations or partnerships.
• B)Nonresident aliens cannot be shareholders.
• C)The corporation must have more than 100 shareholders.
• D)The corporation must have more than one class of stock.

---

Definitions:

Null Hypothesis

A statement in statistics that proposes there is no significant difference or effect, serving as the default assumption to be tested against experimental data.

Significance Level

The probability of rejecting the null hypothesis when it is true, used as a criterion for deciding whether an observed effect is statistically significant.

Contract Vote

A term that may involve decision-making or voting processes related to agreements or contracts, but is not a recognized key term in a specific academic or technical context.

Yes Votes

The count of affirmative responses or approvals in a voting scenario.