A Personal Service Corporation Must Use a Calendar Year, and Is

question 18

True/False

A personal service corporation must use a calendar year, and is not permitted to use a fiscal year.

---

Definitions:

Academic Success

The achievement of learning objectives and the attainment of desired academic outcomes, such as high grades, completion of degrees, or mastery of specific skills.

Positive Correlation

A relationship between two variables in which both either increase or decrease together.

Class Assessments

Various methods and tools used by educators to evaluate, measure, and document the academic readiness, learning progress, skill acquisition, or educational needs of students.

Correlated

When two or more variables have a statistical relationship and changes in one variable are associated with changes in another.