Identify Which of the Following Statements Is True

question 65

Multiple Choice

Identify which of the following statements is true.

• A)A partnership is not required to file a return if the partnership has no income for the year.
• B)The "automatic" extension period for filing an individual return is five months.
• C)Individuals and corporations may obtain six-month extensions for paying taxes and filing their returns for the taxable year by filing the appropriate extension requests.
• D)All of the above are false.

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Definitions:

Hersey and Blanchard

refer to the creators of the Situational Leadership Model, which suggests that effective leadership depends on the maturity of followers and the complexity of tasks.

Delegating

The act of assigning responsibilities or tasks to someone else, typically one's subordinate, while retaining overall accountability.

Decision Support System Technology

Decision support system technology comprises computer-based tools and applications designed to assist in making informed decisions by analyzing large amounts of data and presenting actionable information.

Vroom-Jago

A decision-making model that helps leaders choose the best course of action by considering the importance of the decision and the involvement of team members.