Identify Which of the Following Statements Is False

question 61

Multiple Choice

Identify which of the following statements is false.

• A)A corporation's fiscal year generally must end on the last day of the month.
• B)A fiscal year may not end on December 31.
• C)A new corporation can elect a fiscal year that runs from February 16 to February 15 of the following year.
• D)A corporation's first tax year may not cover a full 12-month period.

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Definitions:

Sexual Adventurous

A willingness or disposition to explore a wide range of sexual activities, possibly going beyond conventional or traditional sexual behaviors.

Milgram's Experiment

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Fully Obedient

Describes an individual or behavior that completely follows orders or instructions without question.

Electric Shocks

A sudden discharge of electricity through a part of the body, which can cause harm or discomfort.