Identify Which of the Following Statements Is True

question 49

Multiple Choice

Identify which of the following statements is true.

• A)Long-term capital gains may be subject to double taxation if the gains are subject to both the excess net passive income tax rules and the built-in gains tax rules.
• B)Special allocations of ordinary income or loss and separately stated items that are available for partnerships are also permitted with S corporations.
• C)When an S corporation's shares are sold by a shareholder during a tax year, the transferee's share of the earnings is reported from the day after the transfer date through the end of the tax year.
• D)All of the above are false.

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Definitions:

Operant Conditioning

An educational method where the intensity of an action is altered via rewards or penalties.

Self-Efficacy Conditioning

A process of building one's belief in their own ability to succeed at specific tasks through repeated experiences of achievement.

Voluntary Behavior

Actions that are performed willingly and without coercion, often reflecting personal choice and control.

Operant Behavior

A type of behavior that is influenced by the consequences that follow it, with rewards typically increasing the frequency of the behavior and punishments decreasing it.