Identify Which of the Following Statements Is False

question 23

Multiple Choice

Identify which of the following statements is false.

• A) A corporation must file a tax return annually.
• B) A corporation can obtain an automatic six-month extension of time to file its tax return.
• C) The IRS will permit an extension of time to file a corporate return beyond the original due date only when the corporation's delay is reasonable.
• D) The IRS can rescind the extension period.

---

Definitions:

Significant

Having a particular meaning, importance, or consequence, often in a statistical, emotional, or practical sense.

Field Research

The collection of raw data outside a laboratory, library, or workplace setting.

Sophisticated Equipment

Advanced and highly complex machinery or devices used in various fields such as research, manufacturing, or medical diagnostics.

Longitudinal Study

A research design that involves repeated observations of the same variables over short or long periods of time.