A C Corporation Must Use a Calendar Year as Its

question 20

True/False

A C corporation must use a calendar year as its tax year unless it has a substantial business purpose to use a fiscal year.

---

Definitions:

Compress Picture

The process of reducing the file size of an image, often by lowering its resolution or quality.

Reset Picture

An option in graphic editing applications to revert an image to its original state.

Picture Background

The part of an image that lies behind the main subjects, often used to provide context or enhance the aesthetic appeal of the photo.

Status Bar

A section of a GUI displayed at the bottom of a window, which shows information about the current program or document.