How Does an Adjustment Handle Display When a Shape Is

question 65

Multiple Choice

How does an adjustment handle display when a shape is selected?

• A) Just like a sizing handles but larger and bolder
• B) As a green circle located at the top of the selected shape
• C) As a yellow diamond
• D) As a large blue diamond

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Definitions:

Subchapter S Status

A tax designation for small corporations that meet specific IRS requirements, allowing income to be taxed at the shareholder level rather than at the corporate level.

Subchapter S Corporation

A type of corporation created through an IRS tax election to pass corporate income, losses, deductions, and credits through to shareholders for federal tax purposes.

Schedule K-1

A tax document used to report the income, losses, and dividends of a partnership or S corporation's partners or shareholders.

Separately Stated

Items on a partnership or S corporation tax return that must be reported separately on the owners' personal tax returns.