What Amount of Accumulated Earnings of an Engineering Corporation Is

question 5

Multiple Choice

What amount of accumulated earnings of an engineering corporation is considered within the reasonable needs of a business without the corporation having to show a bona fide business reason for the accumulation?

• A)$300,000 or less.
• B)$250,000 or less.
• C)$200,000 or less.
• D)$150,000 or less.
• E)None of the above.

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Definitions:

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