Identify Which of the Following Statements Is True

question 69

Multiple Choice

Identify which of the following statements is true.

• A)A partnership can be an S corporation shareholder.
• B)A nonresident alien can be an S corporation shareholder.
• C)An S corporation can have more than 100 shareholders, since families are treated as a single shareholder.
• D)All of the above are false.

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Definitions:

Operating System

The software that manages hardware and software resources, providing common services for computer programs.

Stacks

A data structure that operates on the Last In, First Out (LIFO) principle, where the last item added is the first to be removed.

Function Calls

The process of invoking a function in a program, which includes passing control and arguments (if any) to the defined function.

Stack Pointer

A register or memory location that points to the top of the stack, used to keep track of the call stack in computer programs.