Identify Which of the Following Statements Is False

question 89

Multiple Choice

Identify which of the following statements is false.

• A)Gift tax returns are due annually by April 15 following the year of the gift. No extensions are allowed.
• B)The donor pays the gift tax generally.
• C)Gift tax returns are filed on a calendar-year basis.
• D)Receipt of an extension of time for filing a gift tax return does not extend the due date for payment of the gift tax.

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Definitions:

Carbon Monoxide Detector

A device that detects the presence of the carbon monoxide gas in order to prevent carbon monoxide poisoning.

Hemoglobin

A protein in red blood cells responsible for transporting oxygen throughout the body.

Hypoxia

A condition in which the body or a region of the body is deprived of adequate oxygen supply at the tissue level.

Trauma to C4

Injury or damage to the fourth cervical vertebra in the spine, which can potentially lead to significant neurological impairment or paralysis.