Identify Which of the Following Statements Is True

question 61

Multiple Choice

Identify which of the following statements is true.

• A) The S corporation's separately stated items are in general the same ones that apply in partnership taxation.
• B) An election for an S corporation to use the Sec. 179 expensing election is made by the corporation and not by its shareholders.
• C) An S corporation cannot claim a dividends- received deduction.
• D) All of the above are true.

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Definitions:

Confidence Interval

A span of numbers, calculated from observed data statistics, that probably encompasses an unknown parameter of a population.

Sample

A group or set collected from a larger population for the purpose of statistical analysis, representing the larger group.

Hypothesis Testing

A statistical method that uses sample data to evaluate a hypothesis about a population parameter.