Which of the Following Entities Is Subject to the Accumulated

question 31

Multiple Choice

Which of the following entities is subject to the accumulated earnings tax?

• A)Sec. 501 tax-exempt corporation
• B)personal holding company
• C)C corporation
• D)S corporation

---

Definitions:

Anomie Theory

A theory that suggests society's lack of clear norms and values leads to social disorganization and an increase in deviance and crime.

Innovation

The introduction of new ideas, products, or methods, often improving upon or making a significant contribution to existing concepts.

Ritualism

The strict adherence to rituals or routines, often in a religious or cultural context, sometimes at the expense of the underlying purpose.

Local Norms

Social rules and guidelines that are understood and followed by members of a community or society, specifically within a certain locality.