Identify Which of the Following Statements Is True

question 102

Multiple Choice

Identify which of the following statements is true.

• A) A corporate tax return must be filed by the fifteenth day of the fourth month following the close of the corporation's tax year.
• B) A corporation is required to file a tax return even if it has no taxable income.
• C) A corporation with gross receipts, total income, and total assets of $1,000,000 or less is permitted to file Form 1120-A.
• D) All of the above are false.

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Definitions:

Task Behavior

A leadership behavior focused on defining and organizing work, clarifying roles, and providing clear instructions and expectations.

Situational Leadership

A leadership style that proposes the effectiveness of a leader is determined by their ability to adapt their style to the demands of different situations.

Initiating Structure

A leadership behavior that involves organizing work, defining roles, and clearly stipulating tasks and procedures within a group or organization.

Initiating Structure

A leadership behavior that involves organizing work, defining role responsibilities, and setting clear patterns of organization and communication.