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The "Automatic" Extension Period for Filing an Individual Return Is

question 67

True/False

The "automatic" extension period for filing an individual return is seven months.


Definitions:

Specialization

The process by which individuals or entities focus on producing a single or a few products or services, leading to increased efficiency and productivity in the economy.

Opportunity Cost

The economic consequence of overlooking the following preferred choice in making a decision.

Wheat

A cereal grain that is a worldwide staple food, used to make flour for breads, pastas, and other foods.

Beef

Beef is the culinary name for meat from cattle, often categorized by its cut or preparation.

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