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.

---

Definitions:

Cretinism

A condition of severely stunted physical and mental growth due to untreated congenital deficiency of thyroid hormones.

Hypothalamus

A region of the brain that controls a variety of functions including temperature, hunger, and hormonal balance.

Prolactin

A hormone produced by the anterior pituitary gland, which plays a role in lactation, reproductive functions, and the immune system.

Anterior Lobe

The front portion of the pituitary gland, responsible for releasing hormones that regulate various bodily functions.